124-28 E 21st Avenue

Share this listing

Pre-formatted captions, a short link, and a QR code β€” ready to paste.

Share image
Sized for LinkedIn Β· 1200Γ—627 β€” matches the caption above.
Rendering preview…

124-28 E 21st Avenue

Gary, IN 46407
Asking Price
$59K
Asset Type
Commercial Land
Class
Class B

AI Property Summary

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

  • Commercial land parcel spanning approximately 0.73 acres for development.
  • Located at 124-28 E 21st Avenue in Gary, Indiana.
  • Offered for sale at an asking price of $59,000.
  • Strategic position within the Chicago metropolitan area transportation network.
  • Suitable for light industrial or commercial business development projects.

What's Special

This 0.73-acre commercial land parcel in Gary, Indiana, provides a flexible site for development projects requiring proximity to regional transportation corridors. Situated near 124-28 E 21st Avenue, the property is positioned within a developing industrial and commercial zone of the city. Given the significant acreage, this site is suitable for investors or business owners seeking to establish a new footprint in the Northwest Indiana market. Developers may consider this location for projects ranging from light industrial use to commercial retail or storage facilities, as the property offers significant space for construction and site planning. As part of the broader Chicago metropolitan area, Gary benefits from an integrated logistics network and connectivity to major regional highways. The site remains a practical choice for entities looking to capitalize on land availability in an area focused on infrastructure and economic redevelopment.

Free Valuation Calculator

No login required

Run the numbers on this deal. All calculations are estimates β€” verify with your lender and accountant.

NOI
$80,000
Cap Rate
135.59%
DSCR
22.84
Strong
Cash-on-Cash
432.19%
Monthly Payment
$291.9
Annual Cash Flow
$76,497.202

Location & Travel Times