Property profile

5740 Us-6 Portage, IN 46368

OFF-MARKET
Land
1.52 ac lot
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Property summary

AI-generated overview

This exceptional commercial land development opportunity in Portage, Indiana, presents a unique chance to capitalize on a high-traffic location. Situated at the intersection of Main & Main, this property boasts 1.52 to 5.7 acres of land, offering flexible lot sizes ranging from 1 acre to 10 acres. The site features approximately 1,245 feet of frontage along US-6, a major thoroughfare with an estimated 20,000 vehicles per day (VPD). This prime location provides unparalleled visibility and accessibility for businesses. A significant advantage is the planned traffic signal at Zurich and US-6, ensuring convenient access to the development. The area already boasts a robust retail environment, with established businesses including Meijer, Menards, Walmart, Aldi, Texas Roadhouse, Panera Bread, Discount Tire, and Applebee's, creating a strong and established customer base. The property is ideal for a variety of commercial uses, including big box or junior box retail developments, offering the potential for a prominent monument sign. This is a rare opportunity to secure a highly visible and strategically located parcel in a thriving Indiana community. The property's size and location make it an attractive investment for developers seeking to establish a new commercial center or expand existing operations.

Property profile

Verified
Property type Land
Lot 1.52 ac (66,211 SF)

Cap rate & NOI

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

Location

5740 Us-6 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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