Lot 45 Nancy Lane

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Lot 45 Nancy Lane

La Porte, IN 46350
Asking Price
$95K
Asset Type
Commercial Land
Class
Class B

AI Property Summary

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

  • Commercial land parcel available for sale in La Porte
  • Total site area spans approximately 1.3 acres
  • Located at Lot 45 Nancy Lane in Indiana
  • Asset offered at an asking price of $94,900
  • Suitable for various commercial or retail development projects

What's Special

La Porte serves as a significant hub within Northwest Indiana, benefitting from its proximity to major industrial corridors and the broader Chicago metropolitan economic region. This commercial land parcel spans 1.3 acres at Lot 45 Nancy Lane, positioned to support diverse business development initiatives. The site offers flexible development potential for investors and owner-occupants seeking to establish a foothold in a steady suburban market environment. Given the site configuration and regional accessibility, this property presents a viable acquisition for those looking to develop small-scale commercial, service-oriented, or retail facilities. Its strategic location allows for convenient connectivity to regional transport networks, supporting long-term utility for local commercial operations.

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NOI
$80,000
Cap Rate
84.30%
DSCR
14.20
Strong
Cash-on-Cash
261.21%
Monthly Payment
$469.513
Annual Cash Flow
$74,365.839

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