1370 Nealon DrPortage, IN 46368
- Other commercial real estate
- 2,156 SF
Property Details for 1370 Nealon Dr
- Year built
- 1987
- Construction
- WOOD
- Lot size
- 0.35 AC
- Property size (Sq ft)
- 2,156 SF
- Property type
- Other commercial real estate
- APN
- 64-02-36-451-003.000-016
- APU
- 640236451003000016
Description
This exceptional 0.35-acre property at 1370 Nealon Drive, Portage, Indiana, presents a unique opportunity for diverse uses. Strategically located near the intersection of I-94 and State Road 249, it offers unparalleled access to multiple marinas and Lake Michigan, making it perfect for marine-related businesses or individuals seeking convenient lake access. The property features two spacious units, each equipped with a private office and bathroom, providing flexibility for various needs. Both units are designed for maximum convenience and efficiency. The entire property is completely fenced, ensuring security and peace of mind. Oversized overhead doors allow for easy access and storage of boats, RVs, or other large equipment. The property's zoning allows for a range of commercial and industrial uses. The dual-unit setup offers the potential for owner-occupancy with rental income from the second unit, maximizing return on investment. This prime location, combined with its versatile features, makes this property an attractive option for both business owners and investors seeking a high-return asset in a desirable area. The proximity to major transportation routes and recreational waterways adds significant value and appeal. Priced at $300,000, this property represents a compelling investment opportunity in a thriving market.
Valuation
by Realmo methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $793,078
- Hospitality
- $726,455
- Educational
- $604,402
- Medical
- $625,188
- Retail
- $940,181








Location Insight
- City
- Portage
- County
- Porter
- State
- Indiana
- Latitude
- 41.6108
- Longitude
- -87.1729
- CBSA code
- 16980
- CBSA name
- CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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