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    1592 E 236Th St Arcadia, IN 46030

    For Sale
    $4,500,000

    Unimproved Land - Arcadia, IN

    Type:Unimproved Land
    Lot size:
    20.56 Acres
    Days on Market:
    96
    Last Refresh:
    Dec 7 at 4:06 pm

    Property Features for 1592 E 236Th St

    General Information

    Property type
    Land
    Property subtype
    Unimproved Land
    Standard status
    Active
    Zoning
    A2S- US 31 Overlay Zone
    APN
    290136000016000001
    Lot size
    20.56 Acres

    Building Details

    Architectural style
    Other

    Coldwell Banker Kaiser (317) 844-1131 [email protected]

    Listing agent Craig Kaiser (317) 843-8446 License #RB14005305

    Listing date Sep 3, 2025

    MLS# 21937289 Listing URL

    Copyright © 2025 MIBOR Service Corporation. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Arcadia Development Land on US 31

    This 20.56-acre parcel of unimproved land is located at the northwest corner of US 31 and 236th Street in Arcadia, Indiana. The property is situated within the new US 31 Commercial Overlay Zone and is adjacent to the south of a new sewer facility. The annual average daily traffic (AADT) count is 30,071.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Auto Repair Shop HVAC Service Furniture Store Bed & Breakfast Carpet & Flooring Store Breakfast

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Arcadia
    County
    Hamilton
    State
    Indiana
    Longitude
    -86.130351
    Latitude
    40.132388

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    • $4,150,000
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      30,000 SF Industrial Property

      Industrial property with 30,000 SF, 100% occupied, 8.0% cap.
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    FAQs

    What type of property is this?
    Land - 20.56 acres of commercial land in Arcadia, Indiana.
    Where is this land located?
    The property is located at 1592 E 236Th St Arcadia, IN.
    What is the asking price?
    The asking price for this property is $4,500,000.
    What are key features of this property?
    This property features: - 20.56 Acres of development land; - Located at the NW corner of US 31 and 236th Street; - In the new US 31 Commercial Overlay Zone
    (317) 843-8446
    Request Owner's contact information
    1592 E 236Th St Arcadia, IN 46030
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    Arcadia, IN 46030
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1592 E 236Th St Arcadia, IN 46030
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