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State Road 10/County Road 400 West 14.73 Acres of Commercial Land Offered at $2,500,000 in Wheatfield, IN 46392



Executive Summary
This parcel is located on the northwest corner of State Road 10 and County Road 400 West. Located across from the Northwest Medical Group, School Crossing Plaza
anchored by Dollar General, Sav A Lot Grocery Store, Quiznos Subs, DeMotte State Bank, Valparaiso Orthodontics Group and Q Nails. Near Franciscan Health Therapy
Services, Interior/Exterior Design Store, First Trust Credit Union, Farmers Insurance, DeYoung's Dirt Works, T-Mart Convenience Store. Currently under construction 3 miles
west are 4 new franchise restaurants Wendy's, Scooters Coffee, Dominoes and Jimmy Johns opening soon! Schillings Development is planning a 70 unit Seniors townhome
community 2.5 miles west of this property. 4 1/4 miles east of S.R. 49. 9 miles south of S.R. 231, 25 miles south of U.S. Highway 30. 1 1/2 hours south east of Chicago.
Property Facts
| Price | $2,500,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 14.73 AC |
| Property Type | Land | ||
| Zoning | A2/M2 - Agriculture and Multifamily | ||
| Price | $2,500,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 14.73 AC |
| Zoning | A2/M2 - Agriculture and Multifamily |
1 Lot Available
Lot
| Price | $2,500,000 | Lot Size | 14.73 AC |
| Price Per AC | $169,721.66 |
| Price | $2,500,000 |
| Price Per AC | $169,721.66 |
| Lot Size | 14.73 AC |
STOP LIGHT CORNER!
Description
This is a high visibility stop light corner across from Kankakee Valley High School in Wheatfield Township on Indiana State Route 10/County Road 400 West. This 14.72 acre parcel is currently zoned M2 (Multi Family) and A2 (Agriculture). It can be rezoned through the Jasper County zoning process. 990' of frontage along CR 400 West and 660' along SR 10. All utilities in place along State Road 10. A prime location for a commercial business to service and support NIPSCO’s expansion of its Shaffer Electric Generating Station only five minutes away along with the new Amazon Data Center to be built next to the new NIPSCO power plant. 2025 pay 2026 Real Estate Taxes $145.38.This parcel is located on the northwest corner of State Road 10 and County Road 400 West. Located across from the Northwest Medical Group, School Crossing Plaza anchored by Dollar General, Sav A Lot Grocery Store, Quiznos Subs, DeMotte State Bank, Valparaiso Orthodontics Group and Q Nails. Near Franciscan Health Therapy Services, Interior/Exterior Design Store, First Trust Credit Union, Farmers Insurance, DeYoung's Dirt Works, T-Mart Convenience Store. Currently under construction 3 miles west are 4 new franchise restaurants Wendy's, Scooters Coffee, Dominoes and Jimmy Johns opening soon! Schillings Development is planning a 70 unit Seniors townhome community 2.5 miles west of this property. 4 1/4 miles east of S.R. 49. 9 miles south of S.R. 231, 25 miles south of U.S. Highway 30. 1 1/2 hours south east of Chicago.
Property Taxes
| Parcel Number | 37-16-29-000-010.000-033 | Improvements Assessment | $3,100 |
| Land Assessment | $9,000 | Total Assessment | $12,100 |
Property Taxes
Presented by
State Road 10/County Road 400 West
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