107 Acres of Industrial Land
Vacant Land
for Sale
| Catylist Listing ID: |
30753826 |
| Property Subtypes: |
Industrial
|
| Gross Land Area: |
106.96 Acres
|
| Sale Price: |
$2,139,180 |
| Unit Price: |
$19,999 Per Acre |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
6/1/2023 |
Overview / Comments
107 acres of industrial development land on US 20 at US 35/Rt 212 interchange and 1.50 miles to I-94. US 20 serves as Northwest Indiana's Extra Heavy Duty Highway allowing for loads to 134,000 lbs. from Chicago to South Bend, SW Michigan via Rt. 39 and the major interstate highways of I-94/90/80/65.
High capacity power (34 kV & 12.5 kV) at site along with 6" gas main.
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Additional Details
| Nearest MSA: |
Michigan City-La Porte |
| County: |
LaPorte |
| Tax ID/APN: |
46-05-02-226-005.000-009, 46-05-02-201-014.000-009, 46-05-02-201-015.000-009 |
| Zoning: |
M-2 |
| Property Visibility: |
Good |
| Area Description: |
1.50 Miles to I-94 interchange lays 107 Acres of industrial development land at US 20, US 35, Rt. 212 and Michigan Blvd interchange in Michigan City Indiana.
|
| Zoning Description: |
M2 Heavy Industrial District is established to permit heavier industrial uses that are primarily of a manufacturing, assembling, and fabricating character, and are large-scale or specialized industrial operations more likely to produce external physical effects impacting to some degree surrounding districts. The M-2 District is further designed to be located in areas where heavy industrial uses can most efficiently utilize major roadways, utilities and other infrastructure |
| Topography: |
Undulating |
| Easements: |
Utilities |
| Available Utilities: |
Electric, Gas |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
3,260 |
27,881 |
51,861 |
| Median Age: |
36.52 |
40.38 |
40.95 |
| Households: |
1,381 |
11,637 |
20,349 |
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The information presented herein is provided as is, without warranty of any kind.
Neither Indiana Commercial Board of REALTORS® nor
Moody's assume any liability for errors or omissions.
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