Lot 43 Nancy Lane

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Lot 43 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 approximately 2.78 acres available for purchase
  • Strategically positioned within the city of La Porte, Indiana
  • Listing is currently offered at an asking price of 109,900 dollars
  • Flexible site suitable for diverse commercial business development projects
  • Property is identified as Lot 43 on Nancy Lane in zip code 46350

What's Special

Development of this 2.78-acre commercial land parcel on Nancy Lane in La Porte, Indiana, provides a strategic entry point for businesses looking to establish a footprint in this growing Midwestern submarket. The site is suited for various commercial applications, allowing owners to capitalize on the region's steady economic activity and proximity to regional transit corridors. La Porte serves as a vital hub within the broader Northwest Indiana economic landscape, benefiting from its accessible location and established industrial and commercial community. Prospective buyers can explore a range of possibilities, from retail expansion to service-oriented business headquarters, leveraging the generous acreage to suit specific operational requirements. The site offers a clean slate for infrastructure development tailored to modern commercial standards. As regional population trends continue to evolve, this property maintains strong utility for investors or owner-occupiers seeking to secure a presence in a stable, well-connected municipality.

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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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