Financial
Distress signals
Property profile

1245 W Us Highway 20 U.S Porter, IN 46304

FOR SALE
Commercial real estate
Property ID
US31-0505276
4,181 SF 0.69 ac lot Built 1956
Last sale Jan 2024
Individually Owned Owner of record is an individual. 2-yr Hold Held for 2 years. Free & Clear No active or open recorded mortgage detected.
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1245 W Us Highway 20 U.S, Porter, IN 46304 For Sale
$299,000 4,181 SF
1245 W Us Highway 20 U.S, Porter, IN 46304
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Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$5k
Tax billed · 2023
Assessed value$166k
Assessed land$80k
Assessed improvement$86k
Effective rate2.73%

Value estimate

· Sep 2026
$260k
$234k – $286k
AI approach$260k
NOI build-up
Gross scheduled income$50k
Vacancy & credit loss−$3k
Operating expenses−$14k
NOI · 11.17% cap applied$33k

Realmo valuation models over county records and 8 qualifying comparable sales.

Recently sold

What actually traded nearby?
$95/SF
ZIP average, outlier-cleaned · 20 recorded sales of this use type
Observed band · Q1–Q3$54 – $131
Qualifying comparables8

Cap rate analysis

How does the asset earn?
11.17%
$33k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionPORTER

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply14.4
Wholesale Shop12.6
Restaurant11.0

Location

1245 W Us Highway 20 U.S Porter, IN 46304
County assessor Recorded deeds · 1 transfer 8 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
124 8th, Chesterton, IN 46304-2262 $500,000 Nov 2024 23,110 SF
520 Broadway, Chesterton, IN 46304-2320 $50,000 Feb 2024 2,538 SF
137 Calumet, Chesterton, IN 46304-2433 $68,000 Nov 2023 1,068 SF
115-117 Broadway, Chesterton, IN 46304 $360,000 Oct 2023 7,440 SF
1631 Pioneer, Chesterton, IN 46304-9383 $1,000,000 Aug 2021 4,704 SF
333 Mineral Spgs, Porter, IN 46304-9788 $400,000 Mar 2021 8,054 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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