3435 Swanson Rd, Portage, IN 46368
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.