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Investment Highlights
- Gas Station / Convenience Store Opportunity
- Located Directly On US Highway 421 In Boone County
Executive Summary
SELLER FINANCING AVAILABLE... 2996 N US 421 & 8551 E 300 N, Whitestown, IN - Unlock the Potential of Boone County’s Thriving Market!
Take Advantage of 4.99% Seller Financing With Only $150,000.00 Down! Amortization & Balloon Negotiable.
This 3.19-acre parcel, strategically located at the intersection of US Highway 421 and East 300 North, offers a unique development opportunity in Boone County. Currently zoned LB (Local Business), there is potential for rezoning or variance to GB (General Business), per Boone County Planning & Zoning.
Property has availability to three-phase power, on septic, no gas provider, well water & TDS as a telephone provider.
Current 2024 Property Taxes, Payable 2025 Are $1916.00.
Gas Station / Convenience Store Opportunity...
As Per The Boone County Area Plan Director...
The Zoning Ordinance Defines A Contemporary Gas Station As A Cross Between An “Automobile Service Station” And A “Convenience Store.” These Are Permitted In The LB District By Special Exception From Boone County Zoning.
There Are Also Some Development Standards That Apply, Including:
• No More Than 8 Fuel Dispensers
• Architectural Standards
• Separation From Existing Similar Facilities
• Entrance Setbacks From Intersections/Driveways
• Buffering From Residential Uses
Take Advantage of 4.99% Seller Financing With Only $150,000.00 Down! Amortization & Balloon Negotiable.
This 3.19-acre parcel, strategically located at the intersection of US Highway 421 and East 300 North, offers a unique development opportunity in Boone County. Currently zoned LB (Local Business), there is potential for rezoning or variance to GB (General Business), per Boone County Planning & Zoning.
Property has availability to three-phase power, on septic, no gas provider, well water & TDS as a telephone provider.
Current 2024 Property Taxes, Payable 2025 Are $1916.00.
Gas Station / Convenience Store Opportunity...
As Per The Boone County Area Plan Director...
The Zoning Ordinance Defines A Contemporary Gas Station As A Cross Between An “Automobile Service Station” And A “Convenience Store.” These Are Permitted In The LB District By Special Exception From Boone County Zoning.
There Are Also Some Development Standards That Apply, Including:
• No More Than 8 Fuel Dispensers
• Architectural Standards
• Separation From Existing Similar Facilities
• Entrance Setbacks From Intersections/Driveways
• Buffering From Residential Uses
Data Room Click Here to Access
Property Facts Under Contract
1 Lot Available
Lot
| Price | $725,000 | Lot Size | 3.19 AC |
| Price Per AC | $227,272.73 |
| Price | $725,000 |
| Price Per AC | $227,272.73 |
| Lot Size | 3.19 AC |
Commercially Zoned Land Development Opportunity On Highway US 421 – 3.19 Acres In Boone County
Description
This 3.19-Acre Parcel, Located In Boone County, Presents A Prime Opportunity For Development.
Property Taxes
| Parcel Numbers | Improvements Assessment | $219,700 | |
| Land Assessment | $33,700 | Total Assessment | $253,400 |
Property Taxes
Parcel Numbers
Land Assessment
$33,700
Improvements Assessment
$219,700
Total Assessment
$253,400
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2996 N US 421
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