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    6340 Melton Rd Portage, IN 46368
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    Property profile & analytics

    6340 Melton Rd Portage, IN 46368


    • Retail space
    • 3,208 SF
    • 3.93 lot acres
    Portage Commercial Land - Huge Potential For Sale
    $649,000

    Portage Commercial Land - Huge Potential

    3.93 Acres, Highway Commercial Zoning

    6340 Melton Rd, Portage, IN 46368
    View Listing
    Property ID
    US31-0330664
    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.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail space

    Property Details for 6340 Melton Rd

    Year built
    1948
    Construction
    WOOD
    Lot size
    3.93 lot acres
    Property size
    3,208 SF
    Property type
    Retail space
    APN
    64-05-01-403-007.000-016
    APU
    640501403007000016

    Description

    This exceptional 3.93-acre parcel at 6340 Melton Road in Portage, Indiana presents a remarkable opportunity for commercial development. The property boasts a prime location in a rapidly growing area, offering unparalleled visibility and accessibility. Previously occupied by a building that has since been demolished and cleared, the land is ready for immediate development. Its Highway Commercial zoning and inclusion in a Tax Increment Financing (TIF) district provide significant advantages for potential investors. The strategic location, surrounded by established businesses such as several hotel brands, Bass Pro Shops, Dunkin' Donuts, and a Luke gas station, ensures high traffic volume and excellent exposure. Convenient access to major highways and roadways guarantees maximum visibility for any commercial venture. This expansive site allows for the development of multiple businesses on a single parcel, providing endless possibilities for entrepreneurs and investors seeking a high-impact location. The cleared land eliminates the need for demolition and site preparation, allowing for a faster and more cost-effective development process. This is an exceptional opportunity to establish a thriving commercial presence in a thriving market. The combination of prime location, favorable zoning, and cleared land makes this property an ideal investment for those seeking significant return on investment in a rapidly expanding area. Don't miss this chance to capitalize on the potential of this exceptional commercial land.


    Value Estimations

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    • CAP approach

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    Location Insight

    • Map
    • Local Demand
    City
    Portage
    County
    Porter
    State
    Indiana
    Longitude
    -87.1703
    Latitude
    41.5993
    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
    $7,863
    $292,200
    $11,400
    $303,600
    -
    $292,200
    $11,400
    $303,600
    View Listing
    More about this property
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