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Property profile

0 Coffee Creek Rd Chesterton, IN 46304

OFF-MARKET
Mixed-use properties
0.5 ac lot
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Property summary

AI-generated overview

This exceptional offering presents a diverse portfolio of commercial land parcels in the thriving Coffee Creek area of Chesterton, Indiana, within Porter County (zip code 46304). The property encompasses various development sites, ranging from half-acre lots ideal for smaller businesses to expansive tracts exceeding 50 acres suitable for large-scale projects. Several options are available, including the Matson Extension lots (lots 12, 25, 26, 27, and 28), ranging from 0.5 to 2 acres, priced between $205,000 and $225,000. Larger parcels are also available: approximately 11.5 acres in North Coffee Creek are priced at $10 per square foot; approximately 20 acres in Phase B are priced at $8 per square foot; and approximately 37 acres in Phase C are offered at $7,000,000. A significant 50-acre parcel on 200 E is available for $940,000. These sites are part of the Coffee Creek Planned Unit Development (PUD), offering streamlined development processes. The Matson Extension lots were specifically designed for shovel-ready development, allowing for quick occupancy by retail, restaurant, office, and medical users. The larger parcels provide opportunities for multifamily developments. Shared detention and wetland areas are incorporated into the overall plan. The property's strategic location and diverse lot sizes cater to a wide range of development needs and investment strategies. Buildable acreage totals over 15 acres, with approximately 5.4 acres immediately buildable.

Property profile

Verified
Property type Mixed-use properties
Lot 0.5 ac (21,780 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Coffee Creek Rd Chesterton, IN 46304
Chesterton metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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