Lot 31 Nancy Lane

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Lot 31 Nancy Lane

La Porte, IN 46350
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 site encompassing approximately 0.71 acres of developable space.
  • Property situated at Lot 31 Nancy Lane in La Porte, Indiana.
  • Geographic coordinates for the parcel are 41.5580, -86.8339.
  • Suitable for professional, retail, or service-oriented commercial business applications.
  • Located within a growing commercial submarket in northern Indiana.

What's Special

Development of this 0.71-acre commercial land parcel on Nancy Lane in La Porte, Indiana, provides a strategic entry point for investors seeking to capitalize on local market growth. The site is well-positioned for small-scale retail, professional office, or service-based commercial operations looking to establish a footprint within the region. Its location in La Porte offers accessibility to surrounding residential and industrial sectors, making it a viable candidate for businesses that prioritize local visibility and ease of access for customers or clients. The surrounding area continues to benefit from the steady economic activity characteristic of northern Indiana, providing a stable foundation for new construction projects tailored to meet current tenant demands. Developers and business owners can leverage the site's dimensions and placement to design functional space that aligns with modern commercial operational requirements in this growing suburban community.

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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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