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TBD Willowcreek
Portage, IN 46368
Willowcreek Bypass Development Corridor · Land For Sale
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32.49 AC
Investment Highlights
- A crossroads mixed-use lifestles center development opportunity at the Gateway to the Toll Road I-80 entrance and Willowcreek in Portage, IN
Property Facts
1 Lot Available
Lot
| Price | $1,850,000 | Lot Size | 32.49 AC |
| Price Per AC | $56,940.60 |
| Price | $1,850,000 |
| Price Per AC | $56,940.60 |
| Lot Size | 32.49 AC |
Willowcreek and Central Ave, go north on Willowcreek to the turning lane onto Portage Ave. Property is on the southside of Portage Ave and east of Willowcreek bypass.
Description
Remarkable 32+- acre opportunity for an Interstate Highway Commercial and Mixed Use Residential lifestyle development on I-90 and Willowcreek Bypass at Portage Avenue. This assemblage of parcels offers a unique variety of current zoning in a demo with a good population count. New access may possibly be via a future roundabout in concept design with the City of Portage in a TIF setting. Current zoning on the parcels includes CH, R2 and M1. Located adjacent to a single family housing development Dunewood Trails, just north of the Portage Toll Road exit. High vehicle counts in 2024 - Willowcreek is 15K VPD and I-80/90 is at 35K VPD. Buyer to verify zoning and intended use and plans for development with the City of Portage. Buyer to verify utilities with NIPSCO, Portage and Indiana American Water, among others. Proforma ALTA Survey is already complete. Total of 8 county APNs (6 on ALTA). So much to offer in this well positioned development ground!
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $182,800 | Total Assessment | $182,800 |
Property Taxes
