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4300 N Western Ave 4.38 Acres of Commercial Land Offered at $1,095,000 in Connersville, IN 47331



INVESTMENT HIGHLIGHTS
- Contiguous to WalMart
- Large lot for redevelopment
- Potential motel conversion into multi-family
- Busy highway - good traffic counts
- Just south of the Connersville Airport and nearby Ivy Tech Community College
- Located within 2024 QCT Tract
EXECUTIVE SUMMARY
Large lot for redevelopment
Potential motel conversion into multi-family or scrape and build or both
Frontage on a busy highway with good traffic counts
Located within 2024 QCT Tract
Adjacent to Wal-Mart
Potential motel conversion into multi-family or scrape and build or both
Frontage on a busy highway with good traffic counts
Located within 2024 QCT Tract
Adjacent to Wal-Mart
PROPERTY FACTS
| Price | $1,095,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 4.38 AC |
| Property Type | Land | Opportunity Zone |
Yes
|
| Zoning | GB - See city of Connersville zoning | ||
| Price | $1,095,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 4.38 AC |
| Opportunity Zone |
Yes |
| Zoning | GB - See city of Connersville zoning |
1 LOT AVAILABLE
Lot
| Price | $1,095,000 | Lot Size | 4.38 AC |
| Price Per AC | $250,000.00 |
| Price | $1,095,000 |
| Price Per AC | $250,000.00 |
| Lot Size | 4.38 AC |
NEW LISTING This is a land sale. Please do not inform motel staff or visit the property. More information coming soon. Just south of the Connersville Airport and nearby Ivy Tech Community College Immediately adjacent to the local Wal-Mart.
DESCRIPTION
Just south of the Connersville Airport and nearby Ivy Tech Community College • Immediately adjacent to the local WalMart • Large lot for redevelopment • Potential motel conversion into multifamily or scrape and build new • Frontage on a busy highway with good traffic counts 2024 QCT Tract • Located within 2024 QCT Tract
1 1
PROPERTY TAXES
| Parcel Number | 21-05-12-200-010.000-008 | Improvements Assessment | $54,900 |
| Land Assessment | $223,300 | Total Assessment | $278,200 |
PROPERTY TAXES
Parcel Number
21-05-12-200-010.000-008
Land Assessment
$223,300
Improvements Assessment
$54,900
Total Assessment
$278,200
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4300 N Western Ave
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