I-94 & Us 421 @ Us Hwy Michigan City, IN 46360
This exceptional 14.25-acre commercial land parcel presents a prime investment opportunity in LaPorte County, Indiana. Strategically located at the intersection of I-94 and US-421, this property offers unparalleled visibility and accessibility. Situated within the LifeWorks Business Park, a 40-acre master-planned development, this site benefits from a vibrant mix of planned hospitality, retail, office, and medical spaces. The property boasts I-94 and US-421 frontage, ensuring high traffic exposure. City-provided utilities simplify development, and the adjacency to the new 120-bed Franciscan St. Anthony Hospital further enhances its appeal. The asking price ranges from $231,000 to $3,774,250, with a price per acre ranging from $175,000 to $300,000. This location at the gateway to Michigan City, combined with the planned amenities and attractive design of LifeWorks Business Park, makes this a truly exceptional opportunity for commercial development. The property's size and location within this thriving business park offer significant potential for a variety of commercial ventures. This is a rare chance to secure a prominent position in a rapidly growing area.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.