9506 W Pahs Rd Michigan City, IN 46360
For Sale
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Dynamic Michigan City Indiana! Approximately 20 acres of B2 zoned land in the path of development one block east of Highway 421 (Franklin), the major big box retail node in Michigan City. Meijer, Walmart, Lowes and Menards are all across the street on the west side of Cleveland. Near US Highway 20. 1.5 miles north of interchange of 1-94 and US-421. Just under 60 miles southeast of the Chicago Loop and 40 minutes west of South Bend. Northeast Quadrant of the Intersection of US Highway 20 and State Highway 421. with frontage on Pahs Rd and Cleveland Ave. 2620' of frontage along Cleveland Ave and 335' along Pahs with city Utilities nearby. Coolspring Township that needs annexation into the City. The site is comprised of two tax parcels. One is a residence & yard (tear down) at the corner and the second farmed land along Cleveland. May be a key parcel to additional assemblage along the corner to the east.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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.