2020 Lakewood Place

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2020 Lakewood Place

Crown Point, IN 46307
Asking Price
Contact for price
Asset Type
Commercial Land
Class
Class B

AI Property Summary

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

  • Commercial land parcel totaling 0.34 acres for sale.
  • Property is situated in the city of Crown Point.
  • Located within the growing Northwest Indiana commercial market.
  • Versatile site suitable for multiple commercial development projects.
  • Parcel occupies a strategic position near regional transit routes.

What's Special

Spanning 0.34 acres, this commercial land parcel at 2020 Lakewood Place in Crown Point, Indiana, represents a tactical acquisition for developers or business owners seeking a foothold in the Lake County market. The site provides a versatile footprint suitable for various commercial applications, benefiting from the growing population and steady economic activity characteristic of the Northwest Indiana region. Proximity to regional transit corridors supports accessibility for customers and staff alike, making it a viable candidate for new construction projects. Investors looking to capitalize on regional growth will appreciate the scale of this development-ready lot. The surrounding area maintains a balance of residential and commercial density, often serving as a hub for retail and service-oriented businesses. Future occupants can leverage the local infrastructure to establish a stable commercial presence within this established suburban community. Whether intended for professional services, boutique retail, or specialized commercial operations, this site provides a functional canvas for specific build-to-suit requirements.

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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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