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5515 US-6 Hwy - Lobsiger Hwy 6 34.32 Acres of Commercial Land Offered at $1,750,000 in Portage, IN 46368

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INVESTMENT HIGHLIGHTS

  • Frontage on US Hwy 6
  • Approx 3/4 mile from Willowcreek & US Hwy 6, primary intersection in Portage
  • Low carrying cost for taxes of $1,200 / year
  • Frontage on Swanson Rd
  • Limited land available for development on US Hwy 6

PROPERTY FACTS

Price $1,750,000
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Commercial
Total Lot Size 34.32 AC
Zoning Gen Comm / Mixed Resident - Frontage is zoned General Commercial, Southern portion is Mixed Residential

1 LOT AVAILABLE

Lot

Price $1,750,000
Price Per AC $50,990.68
Lot Size 34.32 AC

Mostly rectangular parcel with cut out of frontage on NE corner at the light of US Hwy 6 & Swanson Rd. Property is level and currently farmed. Approx 710' of frontage on Hwy 6 and 1,015 frontage on Swanson. Intersection is fully lighted

DESCRIPTION

The subject property has historically been part of a family farm. With high traffic counts on US Hwy 6, this property wraps around the Portage Dialysis Center at the corner of the lighted intersection of US Hwy 6 & Swanson Rd. The intersection of US Hwy 6 and Swanson features the Dialysis Center, Speedway, Valvoline Instant Oil Change and a proposed Gas Station / Convenience Store. New residential development proposed South of subject property. OWNER WILL CONSIDER DIVIDING THE PROPERTY SUBJECT TO NEGOTIATION ON PRICE AND TERMS.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
64-05-26-151-006.000-016
Land Assessment
$72,000
Improvements Assessment
$0
Total Assessment
$72,000
  • Listing ID: 33339526

  • Date on Market: 9/28/2024

  • Last Updated:

  • Address: 5515 US-6 Hwy, Portage, IN 46368

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