Calumet Rd

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Calumet Rd

Chesterton, IN 46304
Asking Price
$900K
Asset Type
Commercial Land
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Commercial development land spanning 11.83 total acres
  • Strategically situated along Calumet Road in Chesterton
  • Asset listed for sale at $900,000
  • Property sits within a growing Northwest Indiana submarket
  • Suitable for diverse commercial and retail site applications

What's Special

Chesterton serves as a growing commercial gateway within Northwest Indiana, benefiting from its proximity to major transit corridors and a steady regional economy. This 11.83-acre commercial land parcel on Calumet Road represents a significant development prospect for investors and business owners looking to establish a presence in this well-connected corridor. Given the acreage and the site characteristics, the property is suitable for a variety of commercial developments, ranging from retail and hospitality to service-oriented business complexes. The site allows for scalable project designs to meet the needs of the surrounding residential and industrial base. As the area continues to attract interest due to its accessible location near highway infrastructure, this land provides a platform for long-term expansion or speculative development projects. Market participants focused on the Porter County region will find this location aligns with broader growth trends.

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NOI
$80,000
Cap Rate
8.89%
DSCR
1.50
Strong
Cash-on-Cash
9.84%
Monthly Payment
$4,452.709
Annual Cash Flow
$26,567.493

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