Commercial Land
US-421 Michigan City, IN 46360

Details & Description

Price: $1,780,000

20.9 developable acres in an actively expanding development area with a new hospital and hospitality being constructed or completed recently. Portions of the property have high elevation which can be used to fill in barrow pit for flexibility in development planning and storm water retention placement. Barrow pit mitigates potential wetland issues at the site. Plans in place to run water and sewer and for an upgraded road to the properties and area where the site is located. Tremendous location for all types of development project with very high traffic counts and centrally located in Northern Indiana for local, regional and national businesses.

Property ID: 234511
Property URL: melqr.com/234511
Generated: 04-29-24

Listing Agents

Roy Roelke

O: 574-485-1537
M: 574-286-9159
rroelke@cressy.com

While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

Commercial Land / Indiana / Michigan City / 46360 / US-421

US-421

Michigan City, IN 46360

No Longer Listed

US-421 | for Sale | Thumbnail 1

US-421 | for Sale | Thumbnail 2

Price

$ /mo

Description

20.9 developable acres in an actively expanding development area with a new hospital and hospitality being constructed or completed recently. Portions of the property have high elevation which can be used to fill in barrow pit for flexibility in development planning and storm water retention placement. Barrow pit mitigates potential wetland issues at the site. Plans in place to run water and sewer and for an upgraded road to the properties and area where the site is located. Tremendous location for all types of development project with very high traffic counts and centrally located in Northern Indiana for local, regional and national businesses.

Attachments & Files

flyer-23601-0-B0t-cLc.pdf

Listing Demographics for US-421 Michigan City, IN 46360

All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

		1-Mile	3-Miles	5-Miles
Total Population		1,067	13,496	42,608
Population Median Age		36	42	40
Population by Age	0-9 Yrs	191 (17%)	1831 (13%)	5321 (12%)
	10-19 Yrs	93 (8%)	1260 (9%)	4711 (11%)
	20-29 Yrs	265 (24%)	1900 (14%)	6155 (14%)
	30-39 Yrs	75 (7%)	1487 (11%)	5467 (12%)
	40-49 Yrs	85 (7%)	1366 (10%)	4945 (11%)
	50-59 Yrs	123 (11%)	1900 (14%)	5824 (13%)
	60-69 Yrs	115 (10%)	1653 (12%)	5319 (12%)
	70+ Yrs	119 (11%)	2099 (15%)	4868 (11%)

Median HH Income		$32,348	$47,114	$47,109
Total Household Income	< 24K	191 (36%)	1556 (25%)	4450 (25%)
	25-49K	158 (30%)	1664 (27%)	4546 (26%)
	50-74K	96 (18%)	1043 (17%)	3140 (18%)
	75-99K	21 (4%)	722 (11%)	2191 (12%)
	100-199K	55 (10%)	964 (15%)	2455 (14%)
	200K+	3 (0%)	112 (1%)	360 (2%)

Highest Education Level	No Diploma	59	930	3460
	Diploma or GED	316	3904	11787
	Some College	164	2156	6532
	Assoc. Degree	62	1048	3053
	Bachelors Degree	50	1045	3216
	Higher Degree	27	628	1741

Total Housing Units		592	6,566	19,664
--Owner-Occupied		185	3,732	11,121
--Renter-Occupied		338	2,330	6,020
Owner-Occupied Values	< 100K	76	1398	4814
	100-199K	75	1754	4246
	200-299K	28	421	1124
	300-399K	5	96	474
	400-499K	0	12	136
	500K+	1	50	327

Total Working Age Population		837	10,980	34,520
In Work Force		521	6,468	19,519
Not In Work Force		316	4,512	15,001
Workforce Employed		496	6,173	18,160
Workforce Unemployed		25	295	1,359
Civlian Workforce		521	6,468	19,519
Military Workforce		0	0	1

Total Households		524	6,062	17,141
Family Households		261	3,517	10,518
Non-Family Households		263	2,544	6,623
Married Couple		122	2,339	6,431
Other Family		139	1,178	4,087
Married w/Child		36	667	1,956
Single Male w/Child		17	144	485
Single Female w/Child		65	521	1,683

Population Change Last Two Decades - Plus Projection

	2000	%	2010	%	2020	%	2030
Indiana	6,080,485	+7	6,483,802	+4	6,738,573	+4	7,014,880
LaPorte County	110,106	+1	111,467	-1	110,328	0	110,004
Porter County	146,798	+12	164,343	+5	171,945	+6	182,536

Total Working Age Population:

Total Households:

Total Working Age Population:

Total Households:

Total Working Age Population:

Total Households:

No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

Common Questions and Answers

What is the asking price for US-421 in Michigan City?

The asking price for US-421 is $1,780,000

How much land does the Michigan City, IN property at US-421 include?

US-421 in Michigan City includes 20.910 acres of land

What is the population within 1 mile of US-421 in Michigan City?

The population within 1 mile of US-421 Michigan City, IN 46360 is 1,067 people.

Who do I contact for questions about US-421?

You should contact the listing agent, Roy Roelke, for any details regarding this commercial listing.

Other Listings for Sale Nearby

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SEC Frontage Rd, Michigan City, IN	$565,000	-	20.91
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US-20 and US-35, Michigan City, IN	CALL	-	153.13
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SR 149 and Tech Drive, Burns Harbor, IN	$905,091	-	12.08
2500 Silhavy Road, Valparaiso, IN	$1,000,000	-	8.39
54 W 550 N, Valparaiso, IN	$875,000	-	20.14
4806 County Rd 50 W, Valparaiso, IN	$875,000	-	20.14
910 Morthland Drive, Valparaiso, IN	$700,000	-	59
W Buffalo Rd, Galien, MI	$310,000	-	30

Closest Commercial Airports

Airport	Distance (mi)
South Bend Regional Airport (SBN)	30
Chicago Midway International Airport (MDW)	45
Chicago O'Hare International Airport (ORD)	57