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Property profile & analytics
OFF-MARKET
Land

I-94 & Us 421 @ Us Hwy Michigan City, IN 46360

14.25 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 14.25 ac (620,730 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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