1290 Ripley Street

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1290 Ripley Street

Lake Station, IN 46405
Asking Price
$1.40M
Asset Type
Commercial Land
Class
Class B

AI Property Summary

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

  • The site consists of 5.77 acres of commercial land.
  • The property is located at 1290 Ripley Street, Lake Station.
  • The current asking price for the parcel is $1,400,000.
  • The location provides connectivity to the broader Chicago regional market.
  • Commercial development opportunities exist for distribution or retail use cases.

What's Special

This commercial land spans 5.77 acres at 1290 Ripley Street in Lake Station, Indiana. The site sits within a growing industrial and commercial corridor of the Northwest Indiana region, providing direct access to the logistical networks connecting the Chicago metro area. Proximity to major regional transit routes positions the property to benefit from the ongoing economic activity surrounding the Lake Michigan shoreline. Investors and developers may find the parcel suitable for various commercial applications, ranging from distribution and logistics facilities to specialized retail development. The expansive, flat acreage offers flexibility for site layout and design, accommodating businesses that require substantial footprints for operations. Given the strategic location near key transportation arteries, the land serves as an option for entities looking to establish or expand a physical presence in this active market.

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NOI
$80,000
Cap Rate
5.71%
DSCR
0.96
Underwater
Cash-on-Cash
-0.74%
Monthly Payment
$6,926.436
Annual Cash Flow
$-3,117.234

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