Lot 41 James Court

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Lot 41 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 covering 0.59 acres for sale.
  • Property is located at Lot 41 James Court in La Porte.
  • Site offers potential for diverse commercial or industrial development.
  • Located within an established northern Indiana regional business market.
  • Flexible zoning supports a variety of build-to-suit business uses.

What's Special

This 0.59-acre commercial land parcel at Lot 41 James Court in La Porte, Indiana, represents a tactical addition to an investment portfolio. Positioned within a stable regional market, the property offers flexibility for a variety of business applications or potential development. La Porte maintains a steady economic base, supported by its connectivity to major regional transportation corridors and a consistent industrial and retail presence throughout the northern Indiana area. Investors and business owners seeking to establish a footprint in this submarket will find the site well-situated for future growth. Prospective buyers might consider this land for light commercial use, small-scale industrial operations, or customized build-to-suit projects. The site provides a clean slate for developers looking to maximize utility in an accessible location. Given the current zoning landscape of the city, this parcel serves as a practical asset for those looking to expand their commercial real estate holdings within La Porte.

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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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