5515 US-6 Hwy - Lobsiger Hwy 6 34.32 Acres of Commercial Land Offered at $1,750,000 in Portage, IN 46368
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 |
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
| Parcel Number | 64-05-26-151-006.000-016 | Improvements Assessment | $0 |
| Land Assessment | $60,000 | Total Assessment | $60,000 |
ZONING
| Zoning Code | Gen Comm / Mixed Resident (Frontage is zoned General Commercial, Southern portion is Mixed Residential) |
