6672 Melton Rd Portage, IN 46368
For Sale
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.
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PSC Machining & Engrg Industrial Manufacturer
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
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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.