45 Duneland Beach Drive

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45 Duneland Beach Drive

Michigan City, IN 46360
Asking Price
$98K
Asset Type
Commercial Land
Class
Class B

AI Property Summary

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

  • Commercial land parcel totaling 8.55 acres for sale
  • Located at 45 Duneland Beach Drive in Michigan City
  • Asset priced at 98000 dollars for immediate acquisition
  • Positioned within the growing Indiana commercial real estate market
  • Expansive site suitable for diverse commercial development projects

What's Special

This commercial land offering at 45 Duneland Beach Drive is available for sale, presenting an expansive opportunity for investors and developers seeking acreage in Michigan City. Encompassing 8.55 acres, the site provides significant footprint for various commercial project requirements within this growing region along the southern shore of Lake Michigan. Michigan City serves as a vital transition point between the Chicago metropolitan area and Northern Indiana, benefiting from steady regional economic activity and proximity to major regional transportation corridors. The scale of this parcel allows for diverse site planning, supporting potential development use cases that require substantial space. Its location in the 46360 zip code positions the asset within an evolving market that attracts both local and regional commercial interests. With ample room for infrastructure and project density, this land represents a functional addition to a professional real estate portfolio, well-suited for buyers looking to secure developable ground in a strategic Indiana submarket.

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NOI
$80,000
Cap Rate
81.63%
DSCR
13.75
Strong
Cash-on-Cash
252.32%
Monthly Payment
$484.851
Annual Cash Flow
$74,181.794

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