Lot 38 James Court

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Lot 38 James Court

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 parcel totaling 0.84 acres for sale.
  • Property is situated at Lot 38 James Court in La Porte.
  • Located within a growing commercial market in the Chicago metro area.
  • Versatile site suitable for a variety of commercial business developments.
  • Coordinates for the parcel are 41.6111 latitude and -86.7227 longitude.

What's Special

La Porte, Indiana, serves as a significant hub within the greater Chicago metropolitan reach, offering a balance between industrial infrastructure and local growth. This commercial land parcel spans 0.84 acres at Lot 38 James Court, providing a practical foundation for development in a stable regional economy. The site benefits from its position within a market that supports diverse commercial applications, ranging from retail services to professional office developments or light industrial utility. Investors and business owners looking to establish a presence in this growing suburban area will find the tract suitable for various building footprints given its size and accessible layout. The property provides a blank slate for those seeking to capitalize on the connectivity of northern Indiana, offering flexibility for site planning that aligns with modern commercial operational requirements in an accessible, well-positioned location.

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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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