721 E PORTER AVE

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721 E PORTER AVE

CHESTERTON, IN 46304
Asking Price
Contact for price
Asset Type
Land
Class
Class B

What's Special

50.65-acre commercial development site with S.R. 49 frontage between I-94 and I-80/90. <p></p><ul><li>​<strong>50.65-acre prime commercial land opportunity</strong> available for <strong>sale, ground lease, or build-to-suit</strong>.</li></ul><p></p><ul><li>​<strong>Strategic Chesterton, Indiana location</strong> along the high-traffic <strong>State Road 49 corridor</strong>, positioned between <strong>I-94 and I-80/90 Indiana Toll Road</strong>.</li></ul><p></p><ul><li>​<strong>Strong regional connectivity</strong> serving the <strong>Illinois, Indiana, and Michigan tri-state mar

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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