6672 Melton Rd Portage, IN 46368
- Warehouses
- 37,960 SF
- 4.97 lot acres
Current Use by Public Records
- PSC Machining & Engrg / Machine Shop
Property Details for 6672 Melton Rd
- Year built
- 2006
- Construction
- TYPE NOT SPECIFIED
- Lot size
- 4.97 lot acres
- Property size
- 37,960 SF
- Property type
- Warehouses
- APN
- 64-06-06-329-001.000-016
- APU
- 640606329001000016
Description
This exceptional 0.63-acre commercial land parcel, located at 6672 Melton Rd, Portage, IN 46368 (APN: 64-06-06-329-001.000-016), presents a compelling development opportunity. Situated on US Highway 20, this property boasts over 100 feet of frontage, benefiting from an average daily traffic count exceeding 13,000 vehicles. Its Highway Commercial (HC) zoning allows for a variety of uses. The site offers convenient access to all utilities directly along US Highway 20, and enjoys excellent proximity to major transportation arteries, including the I-94 interchange (less than a mile away), I-90 (two miles via Route 249), and the Port of Indiana (three miles). The relatively level terrain simplifies development. The surrounding area features a mix of light industrial, manufacturing, office, retail, and hospitality businesses. This prime location, combined with its high visibility and accessibility, makes this property an ideal investment for businesses seeking a strategic presence in a thriving commercial corridor. The asking price is $40,000, translating to approximately $63,492 per acre.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Portage
- County
- Porter
- State
- Indiana
- Longitude
- -87.1584
- Latitude
- 41.6
- CBSA code
- 16980
- CBSA name
- CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
