1441 Nelson Drive

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1441 Nelson Drive

Chesterton, IN 46304
Asking Price
$280K
Asset Type
Commercial Land
Class
Class B

AI Property Summary

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

  • Commercial land parcel available for acquisition in Chesterton, Indiana.
  • Property features a total site area of 0.53 acres.
  • Located within the 46304 ZIP code of Porter County.
  • Offered for sale at an asking price of $279,999.
  • Suitable for commercial development projects near Chicago metropolitan markets.

What's Special

This 0.53-acre commercial land parcel at 1441 Nelson Drive in Chesterton, Indiana, is available for sale, presenting an actionable prospect for developers or business owners seeking a strategic footprint in a growing suburban market. The site is situated within a well-connected region of the state that serves as a gateway between Northwest Indiana and the broader Chicago metropolitan area, benefiting from established logistics routes and consistent regional economic activity. Given its commercial classification, the property is suitable for a range of small-scale professional, retail, or service-oriented developments designed to support the local Chesterton population. Investors and operators looking to establish a presence in this Porter County community will find the site offers a blank canvas for custom ground-up construction tailored to specific business requirements. The layout of this parcel allows for flexible site planning, making it an efficient choice for those looking to capitalize on the steady development trends seen throughout the regional commercial landscape.

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NOI
$80,000
Cap Rate
28.57%
DSCR
4.81
Strong
Cash-on-Cash
75.45%
Monthly Payment
$1,385.282
Annual Cash Flow
$63,376.613

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