Property summary
This exceptional 4.5-acre commercial land parcel presents a unique investment opportunity in Portage, Indiana. Strategically located directly off I-94 with unparalleled visibility from the interstate, this site boasts an enviable position for high-impact development. The property's commercial zoning allows for a wide range of uses, making it particularly attractive for hotel development. With 44 million drivers passing through Portage annually, this location guarantees significant exposure and accessibility. The site's proximity to numerous retail centers further enhances its appeal and potential for success. This exclusive offering is ideal for developers seeking a high-traffic, high-visibility location to capitalize on the substantial volume of daily interstate traffic. The land is situated at 6200 Melton Rd, Portage, IN 46368, in Porter County. The asking price for this exceptional property is $800,000. Don't miss this chance to secure a prime location for your next commercial venture.
Property profile
VerifiedCap rate & NOI
Current use
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Hotel & Motel
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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