Lot 42 Nancy Lane

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Lot 42 Nancy Lane

La Porte, IN 46350
Asking Price
$110K
Asset Type
Commercial Land
Class
Class B

AI Property Summary

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

  • Commercial land parcel spanning 2.24 acres in La Porte
  • Current asking price for the property is $109,900
  • Located on Nancy Lane with coordinates 41.5580, -86.8339
  • Property is currently zoned for various commercial development uses
  • Strategic position within the growing Indiana commercial real estate market

What's Special

Priced at $109,900, this 2.24-acre commercial land parcel on Nancy Lane presents a strategic acquisition for development in La Porte, Indiana. The site offers sufficient acreage for a range of commercial projects, providing flexibility for business owners or investors looking to establish a footprint in this growing region of the state. La Porte benefits from its proximity to established regional transportation corridors and a stable local economy, making it a practical choice for businesses seeking accessibility and expansion potential. This land is well-positioned for commercial uses ranging from small-scale retail and office developments to service-oriented business facilities. The surrounding submarket continues to see steady interest as commercial activity flows through the area, supporting the viability of ground-up construction or long-term land banking strategies. Buyers will find the parcel accessible and suitable for site-specific planning to meet distinct commercial requirements.

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NOI
$80,000
Cap Rate
72.79%
DSCR
12.26
Strong
Cash-on-Cash
222.86%
Monthly Payment
$543.725
Annual Cash Flow
$73,475.297

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