1575 S Feather Rock Dr Crown Point, IN 46307
For Sale
1 / 6
This exceptional 2.006-acre commercial land parcel, located at 1575 S Feather Rock Dr, Crown Point, IN 46307, presents a unique investment opportunity. Situated in Lake County, this property boasts significant frontage and is zoned BUSO, allowing for a diverse range of commercial uses. Permitted uses under this zoning include, but are not limited to, medical facilities and clinics, professional and business offices, convalescent centers, churches, and various special uses such as public buildings, utility buildings, lodging, optical services, and pharmacies. The property's expansive size provides ample space for development, catering to a variety of business needs. The strategic location offers excellent visibility and accessibility, making it an ideal site for businesses seeking a prominent presence in Crown Point. All essential utilities are readily available, simplifying the development process and minimizing upfront infrastructure costs. This is a rare opportunity to acquire a substantial commercial land parcel in a thriving Indiana community with a wide array of permitted uses. The asking price is $257,500.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
R33 · Crown Point, INCrown Point. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.