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Property profile & analytics

1300 Us Hwy 20 Porter, IN 46304-9406

  • Retail space
  • 1,500 SF
  • 0.73 lot acres
OFF-MARKET
Last Sale
Sep 15, 2023
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US31-0372786
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Retail space

Property Details for 1300 Us Hwy 20

Year built
1967
Construction
WOOD
Lot size
0.73 lot acres
Property size
1,500 SF
Property type
Retail space
APN
64-03-34-252-010.000-026
APU
640334252010000026

Description

This exceptional retail property, situated at 1300 W US Hwy 20 in Porter, Indiana, presents a unique investment opportunity. The 0.71-acre lot boasts a prime location on a busy highway, offering excellent visibility and accessibility. Its B3 zoning allows for a wide range of commercial uses, providing flexibility for future development or continued operation of an existing business. The property currently houses Saylor Basket Place, a long-standing concrete statue and retail business with a history exceeding 50 years, demonstrating the site's proven viability. Ample parking is available for customers and employees. The property is being sold in its current "as is" condition, providing the buyer with the opportunity to renovate, expand, or maintain the existing business. The strategic location near the intersection of US Highway 20 and the I-80/94 corridor ensures high traffic volume and significant exposure to a large customer base. This presents a rare chance to acquire a well-established commercial property with substantial potential for growth and return on investment in a thriving area. The property's history and location combine to create a compelling investment opportunity for discerning buyers. Serious inquiries are encouraged.


Value Estimations

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Location Insight

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  • Local Demand
City
Porter
County
Porter
State
Indiana
Longitude
-87.0931
Latitude
41.6165
CBSA code
16980
CBSA name
CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$3,230
$73,500
$44,400
$117,900
-
$73,500
$44,400
$117,900
More about this property
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