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9209-9227 Indianapolis Blvd 3.95 Acres of Commercial Land Offered at $3,850,000 in Highland, IN 46322
INVESTMENT HIGHLIGHTS
- Business District Location, Exterior Lighting, Multi Tenant, Office Park Location, Pipeline Crossing
EXECUTIVE SUMMARY
3.95 AC site with existing 57 rental units with additional land for development. The flexibility of qualifying as a Planned Unit Development (PUD) broadens the spectrum of potential uses. High Traffic volume of ~35,000 Vehicles Per Day on an assemblage of commercially zoned lots gives great opportunity for mixed use. The three parcels have an existing commercial rental income. Two existing curb cuts give direct access to US Hwy 41. The large Monument Sign provides exemplary exposure to all who pass.
PROPERTY FACTS
| Price | $3,850,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 3.95 AC |
| Property Type | Land | No. Stories | 2 |
| Zoning | B-3 | ||
| Price | $3,850,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 3.95 AC |
| No. Stories | 2 |
| Zoning | B-3 |
1 LOT AVAILABLE
Lot
| Price | $3,850,000 | Lot Size | 3.95 AC |
| Price Per AC | $974,683.54 |
| Price | $3,850,000 |
| Price Per AC | $974,683.54 |
| Lot Size | 3.95 AC |
1 1
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $608,300 | |
| Land Assessment | $575,900 | Total Assessment | $1,184,200 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$575,900
Improvements Assessment
$608,300
Total Assessment
$1,184,200
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9209-9227 Indianapolis Blvd
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