Property profile

00 Willowcreek Rd Portage, IN 46368

OFF-MARKET
Land
8.39 ac lot
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Property summary

AI-generated overview

This exceptional 8.39-acre commercial land parcel presents a prime medical office/retail (MED TAIL) investment opportunity in Portage, Indiana. Boasting 695 feet of frontage on Willowcreek Road, just half a mile south of the busiest at-grade intersection in Portage (US Hwy 6), this rectangular lot offers excellent visibility and accessibility. The property benefits from its proximity to major medical facilities including Northwest Health Portage Hospital, NorthShore Health, and LBJI Orthopedics, ensuring strong medical synergy. Furthermore, its location within the US 6 retail corridor, anchored by prominent retailers such as Walmart, Meijer, Menards, Kohl's, and Planet Fitness, and supported by numerous quick-service restaurants, guarantees high traffic and consumer visibility. The flat topography and generous frontage allow for flexible site design and multiple ingress/egress points. This strategically located parcel is poised to benefit significantly from a future road expansion project directly connecting Willowcreek Road to Hwy 30, further enhancing its accessibility and value. The property is zoned OC-Office Commercial (APN: 64-05-26-401-004.000-016), making it ideal for a variety of commercial developments. The asking price is $880,950. A video showcasing the property is available online.

Property profile

Verified
Property type Land
Lot 8.39 ac (365,468 SF)

Cap rate & NOI

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

Location

00 Willowcreek 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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