8401 E 101st Avenue

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8401 E 101st Avenue

Crown Point, IN 46307
Asking Price
$245K
Asset Type
Commercial Land
Class
Class B

AI Property Summary

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

  • Commercial land parcel totaling 1.865 acres available for purchase.
  • Property is situated at 8401 E 101st Avenue in Crown Point.
  • Asking price for the commercial development site is 244900 dollars.
  • Located within a growing suburban submarket in Northwest Indiana.
  • Site supports diverse potential for commercial or retail facility development.

What's Special

This commercial land spans 1.865 acres at 8401 E 101st Avenue in Crown Point, Indiana. Situated in a growing suburban market within the Chicago metropolitan area, the site benefits from the regional connectivity provided by proximity to major interstate thoroughfares. The property is positioned to serve local demand in Lake County, where economic growth has fostered a diverse business environment. Investors and developers may evaluate the parcel for various commercial use cases, including retail storefronts, professional office facilities, or service-based businesses requiring direct street access. The expansive, undeveloped nature of the lot provides flexibility for site planning and construction tailored to specific operational requirements. Buyers looking to establish a footprint in this part of Northwest Indiana will find the location suitable for projects aiming to capture consistent neighborhood traffic and regional accessibility.

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NOI
$80,000
Cap Rate
32.67%
DSCR
5.50
Strong
Cash-on-Cash
89.10%
Monthly Payment
$1,211.632
Annual Cash Flow
$65,460.421

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