32 Nd Laporte Street

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32 Nd Laporte Street

Lake Station, IN 46405
Asking Price
$115K
Asset Type
Commercial Land
Class
Class B

AI Property Summary

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

  • Commercial land spanning 5.62 acres for sale
  • Located in the Lake Station, Indiana market
  • Asking price for the property is $114,900
  • Strategic location with access to regional logistics networks
  • Flexible parcel suitable for various commercial development uses

What's Special

This 5.62-acre commercial land parcel at 32 Nd Laporte Street in Lake Station, Indiana, presents a strategic development prospect for investors and business buyers. Situated within the industrial and logistics corridor of Northwest Indiana, the site benefits from proximity to the regional transportation infrastructure connecting the Chicago metropolitan area with the broader Midwest. The expansive acreage allows for flexible site planning, making it a viable candidate for various commercial or light industrial operations seeking footprint in a growing suburban market. Local zoning and site accessibility support development paths ranging from specialized warehouse facilities to service-oriented commercial businesses. As Lake Station continues to serve as a critical link in the regional supply chain, this property offers functional utility for organizations requiring significant ground area for staging, storage, or facility construction. The parcel represents a straightforward acquisition for parties looking to capitalize on land availability in an established Indiana submarket.

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NOI
$80,000
Cap Rate
69.63%
DSCR
11.73
Strong
Cash-on-Cash
212.30%
Monthly Payment
$568.463
Annual Cash Flow
$73,178.45

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