7311 E 117th Avenue

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7311 E 117th Avenue

Crown Point, IN 46307
Asking Price
$874K
Asset Type
Commercial Land
Class
Class B

AI Property Summary

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

  • The 19-acre commercial land parcel is listed for $874,000.
  • Property is situated in the city of Crown Point, Indiana.
  • This site offers substantial acreage for future commercial development projects.
  • Strategic location within the broader Chicago metropolitan economic region.
  • The land supports potential retail, industrial, or commercial infrastructure uses.

What's Special

Priced at $874,000, this 19-acre commercial land parcel sits in Crown Point, Indiana. The property provides a significant footprint for development in a region experiencing steady growth within the Chicago metropolitan area. Its expansive size allows for diverse project scopes, serving as a viable location for commercial, retail, or industrial development needs. Accessibility to major regional transit routes supports logistics and consumer-facing business operations alike. Crown Point maintains a robust business climate, attracting investment due to its proximity to regional labor pools and major interstate corridors. This asset represents a strategic acquisition for investors or developers looking to secure undeveloped acreage within a expanding suburban submarket. The site remains well-positioned to accommodate large-scale commercial land use plans, providing the scale required for versatile infrastructure projects in a historically stable economic zone.

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NOI
$80,000
Cap Rate
9.15%
DSCR
1.54
Strong
Cash-on-Cash
10.72%
Monthly Payment
$4,324.075
Annual Cash Flow
$28,111.098

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