Portage Ave Portage, IN 46368
- Land
- 20.49 lot acres
Current Use by Public Records
- Land
Property Details for 0 Portage Ave
- Lot size
- 20.49 lot acres
- Property type
- Land
Description
This exceptional 20.493-acre parcel presents a remarkable opportunity for residential development. Strategically located near the I-80 gateway off Willowcreek Road, just north of Portage, Indiana's downtown area, this property boasts a highly desirable commuter location. Preliminary concepts suggest the potential for a residential subdivision, mirroring the style of Phase III of Dunewood Trails. Currently zoned M1, the property comprises three separate parcels plus a portion of a fourth, offering flexibility for either single-family or multi-family/attached/paired patio home development. Buyers are responsible for verifying zoning suitability with the city to ensure alignment with their development plans. The property's proximity to Lake Michigan and the South Shore adds significant appeal. Given the limited availability of developable land with convenient access to water and sewer connections, this presents a rare chance to create a thriving residential community. The buyer will be responsible for all aspects of development, including obtaining necessary entitlements, engineering, and verifying utility hookups. The asking price for this exceptional opportunity is $500,000. APN: 64-05-12-301-003.000-016.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Portage
- County
- Porter
- State
- Indiana
- Longitude
- -87.1807
- Latitude
- 41.5867