4421 Franklin St Michigan City, IN 46360
For Sale
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This exceptional 1.2-acre commercial land parcel presents a unique investment opportunity in Michigan City, Indiana. Situated at 4421 Franklin St, this property boasts a highly desirable location within a major regional retail corridor, offering unparalleled accessibility and visibility. Its strategic placement provides easy access to I-94, ensuring high traffic volume and convenient access for customers and employees. The site is part of the Michigan City Town Center, representing the largest concentration of retail businesses within a 25-mile radius, surrounded by significant traffic generators. This prime location offers substantial potential for a variety of commercial developments, making it an ideal site for businesses seeking high visibility and strong customer traffic. The property is designated as an anchor building pad, perfect for a flagship store or a large-scale commercial project. This is a rare opportunity to acquire a substantial land parcel in a thriving retail hub, offering significant long-term growth potential. The address is 4421 Franklin St, Michigan City, IN 46360, in LaPorte County. The property's latitude and longitude coordinates are 41.6713266, -86.8954839 respectively. This is a for-sale opportunity.
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Gordon Food Service Store Grocery & Convenience Store Food Market
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
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
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.