6672 Melton Rd Portage, IN 46368
Property profile & analytics
6672 Melton Rd Portage, IN 46368
- Warehouses
- 37,960 SF
- 4.97 lot acres
Property ID
US31-2769519
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.
Location Intelligence
Current Use by Public Records
- PSC Machining & Engrg / Industrial Manufacturer
Property Details for 6672 Melton Rd
- Year built
- 2006
- Construction
- TYPE NOT SPECIFIED
- Lot size
- 4.97 lot acres
- Property size
- 37,960 SF
- Property type
- Warehouses
- APN
- 64-06-06-329-001.000-016
- APU
- 640606329001000016
Description
This exceptional 0.63-acre commercial land parcel, located at 6672 Melton Rd, Portage, IN 46368 (APN: 64-06-06-329-001.000-016), presents a compelling development opportunity. Situated on US Highway 20, this property boasts over 100 feet of frontage, benefiting from an average daily traffic count exceeding 13,000 vehicles. Its Highway Commercial (HC) zoning allows for a variety of uses. The site offers convenient access to all utilities directly along US Highway 20, and enjoys excellent proximity to major transportation arteries, including the I-94 interchange (less than a mile away), I-90 (two miles via Route 249), and the Port of Indiana (three miles). The relatively level terrain simplifies development. The surrounding area features a mix of light industrial, manufacturing, office, retail, and hospitality businesses. This prime location, combined with its high visibility and accessibility, makes this property an ideal investment for businesses seeking a strategic presence in a thriving commercial corridor. The asking price is $40,000, translating to approximately $63,492 per acre.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- ML approach
- $930,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $1,266,000
Market price range: $738k - $4.14M -
Alternative Use
- Use
- Estimation
- NEIGHBORHOOD: SHOPPING CENTER
- $1,640,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Portage
- County
- Porter
- State
- Indiana
- Longitude
- -87.1584
- Latitude
- 41.6
- 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
$40,324
$364,800
$1,195,300
$1,560,100
-
$364,800
$1,195,300
$1,560,100
