Property profile

3435 Swanson Rd Portage, IN 46368

OFF-MARKET
Land
15 ac lot
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Property summary

AI-generated overview

This exceptional 15-acre parcel in Portage, Indiana, presents a unique development opportunity. Located at 3435 Swanson Rd, 46368, in Porter County, this heavily wooded property boasts a pristine creek running through it and offers direct access to the Prairie Duneland Trail. The land is zoned for residential use and presents the possibility of subdividing into 21 to 24 quarter- to half-acre lots, ideal for single-family homes. The asking price for this expansive property is $1,300,000. Its tranquil setting, combined with its convenient location and access to recreational trails, makes this an attractive investment for developers seeking a prime residential land site. The property's natural beauty and proximity to amenities make it a highly desirable location for future homeowners. This is a rare opportunity to acquire a significant tract of land with exceptional potential in a sought-after Indiana community. The latitude and longitude coordinates are 41.5521018, -87.1972265 respectively. Serious inquiries only.

Property profile

Verified
Property type Land
Lot 15 ac (653,400 SF)

Cap rate & NOI

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

Location

3435 Swanson Rd Portage, IN 46368
Portage 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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