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Property profile & analytics
FOR SALE
Commercial land

9506 W Pahs Rd Michigan City, IN 46360

Property ID
US31-1806780
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial land
UPID US31-1806780
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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