1190 E Greenview Place

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1190 E Greenview Place

Crown Point, IN 46307
Asking Price
$249K
Asset Type
Commercial Land
Class
Class B

AI Property Summary

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

  • Commercial land parcel spanning 1.04 acres for sale
  • Located at 1190 E Greenview Place in Crown Point
  • Offered to the market at an asking price of $249,000
  • Suitable for retail, office, or professional service development
  • Strategically positioned within the growing Northwest Indiana regional market

What's Special

Crown Point serves as a key municipality within Northwest Indiana, benefitting from its proximity to the Chicago metropolitan area and a steadily growing regional economy. Positioned within this accessible suburban corridor, 1190 E Greenview Place presents a 1.04-acre commercial land parcel ready for development. The site offers significant versatility for investors or business owners seeking to establish a presence in a stable market environment. Given the commercial zoning designation, this property is well-suited for a variety of professional applications, ranging from retail storefronts to office facilities or service-oriented businesses. The strategic location provides functional access to local thoroughfares, supporting efficient logistics and customer traffic for a wide array of potential occupants. Whether looking to develop a custom build-to-suit project or secure a long-term real estate holding, this parcel provides a foundational footprint in an established Indiana community.

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NOI
$80,000
Cap Rate
32.13%
DSCR
5.41
Strong
Cash-on-Cash
87.31%
Monthly Payment
$1,231.916
Annual Cash Flow
$65,217.006

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