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117 8th Ave NE 22.25 Acres of Commercial Land Offered at $1,650,000 in Demotte, IN 46310
INVESTMENT HIGHLIGHTS
- All utilities are available at the site and property is zoned B-2 General Business District
EXECUTIVE SUMMARY
22.253 acres of land located on the north end of the Town of Demotte with 381' of frontage on State Highway 231 and 1338' of frontage on 8th Avenue. All utilities are available at the site and property is zoned B-2 General Business District. The existing buildings are not usable and will need to be demolished.
According to Flood Insurance Rate Maps, approximately 3.737 acres along the front portion of the site carries a Zone X classification indicating that portion of the property is determined to be outside the 0.2% annual chance floodplain. The remaining 18.816 acres is classified as Zone A, special flood hazard.
According to the US Department of Fish & Wildlife Wetland Mapper web site, the parcel does not contain any designated wetlands. Buyer to confirm.
According to Flood Insurance Rate Maps, approximately 3.737 acres along the front portion of the site carries a Zone X classification indicating that portion of the property is determined to be outside the 0.2% annual chance floodplain. The remaining 18.816 acres is classified as Zone A, special flood hazard.
According to the US Department of Fish & Wildlife Wetland Mapper web site, the parcel does not contain any designated wetlands. Buyer to confirm.
PROPERTY FACTS
| Price | $1,650,000 | Property Subtype | Commercial |
| Sale Type | Investment or Owner User | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 22.25 AC |
| Property Type | Land | No. Stories | 1 |
| Zoning | B-2 - General Business District | ||
| Price | $1,650,000 |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 22.25 AC |
| No. Stories | 1 |
| Zoning | B-2 - General Business District |
1 LOT AVAILABLE
Lot
| Price | $1,650,000 | Lot Size | 22.25 AC |
| Price Per AC | $74,157.30 |
| Price | $1,650,000 |
| Price Per AC | $74,157.30 |
| Lot Size | 22.25 AC |
Nearly flat, currently used as residential and farmland
DESCRIPTION
Excellent visibility. North end of the town of Demotte. Transitional land.
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117 8th Ave NE
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