Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Commercial Land on Hwy 4 Title is generated by Realmo AI

    3136 Hwy 4 Road, Hudson, IN 46747

    View on Map
    Claim this Listing
    Picture of Commercial land at 3136 Hwy 4 Road, Hudson, IN
    For Sale
    $300,000

    Mixed Use - Hudson, IN

    Type:Mixed Use
    Lot size:
    14.00 Acres
    Added:
    Jan 30, 2023
    Days on Market:
    1209
    Last Refresh:
    May 23 at 12:06 am

    Property Features for 3136 Hwy 4 Road

    General Information

    Property type
    Commercial Sale
    Property subtype
    Mixed Use
    Parking features
    None
    Interior features
    None
    Exterior features
    None
    Standard status
    Active
    APN
    76-11-31-000-014.000-019
    Lot size
    14.00 Acres

    Taxes and HOA fees

    Tax Annual Amount
    825

    Utilities

    Heating system
    None (Heating)

    Building Details

    Year built
    1801
    Flooring type
    Other
    Roof type
    Other
    Architectural style
    Other

    We can help!

    Listing Contact
    Gary Gerardot

    Listing agent Gary Gerardot License #RB14005226

    Listing office Gerardot Realty, Inc. 6129 US 30 E, Fort Wayne, IN

    Listing date Jan 30, 2023

    MLS# 202302588 Listing URL

    Copyright © 2026 Upstate Alliance of REALTORS® Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • 14 acres of land, offering ample space for development.
    • Great frontage on Hwy #4, providing excellent visibility.
    • Zoned Commercial C‑1, ideal for various business ventures.
    • Water and sewer available, simplifying the development process.
    • Located in Ashley - Hudson.
    • Close to I‑69 Exit.

    Overview

    This 14-acre commercial land parcel is located in Ashley-Hudson, Indiana, just west of I-69 exit, offering frontage on Hwy #4. The property is zoned C-1 Commercial and has water and sewer available. It is bare land suitable for development.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Hudson
    County
    Steuben
    State
    Indiana
    Longitude
    -85.1391
    Latitude
    41.5628

    Nearby Similar for Sale

    • $100,000
      5,000 SF

      Established Restaurant in Lake Country

      Well-known restaurant with endless possibilities in the heart of lake country.
      6500 S 1170 E, Hudson, IN 46747
      View Details
    • $109,900

      Corner Parcel with Security Fence

      2.01-acre corner parcel with security fence and outbuildings.
      8487 W 500 S, Hudson, IN 46747
      View Details
    • $65,000

      New Pole Barn on Lot

      New pole barn on lot near Big Turkey Lake.
      125 Lane 134 Turkey Lake, Hudson, IN 46747
      View Details
    • $35,000

      Residential Land Near Big Turkey Lake

      Residential land with lake access and sewer available.
      Lot 42 Lane 230A Turkey Lake, Hudson, IN 46747
      View Details
    • $299,900

      Big Turkey Lakefront Residential Land

      Residential land with 50 feet of Big Turkey Lakefront.
      Lot 36 Lane 180 Turkey Lake, Hudson, IN 46747
      View Details
    • $65,000

      Residential Land at Big Turkey Lake

      Home building lot with lake access and association amenities.
      Ln 220 Lot 37 Lane, Hudson, IN 46747
      View Details
    • $65,000

      Residential Land Near Big Turkey

      Residential lot with lake access and association amenities.
      Ln 220 Lot 35 Lane, Hudson, IN 46747
      View Details
    • $65,000

      Residential Land Near Big Turkey Lake

      0.343 acre wooded lot with lake access and amenities.
      Ln 220 Lot 39 Lane, Hudson, IN 46747
      View Details
    • $65,000

      Residential Land Near Big Turkey Lake

      0.376 acre residential lot with lake access and amenities.
      Ln 220 Lot 36 Lane, Hudson, IN 46747
      View Details
    • $90,000

      Lakefront Residential Land for Sale

      Residential land with lake access and association amenities.
      Ln 220 Lot 33 Lane, Hudson, IN 46747
      View Details
    • $65,000

      Residential Land in Hudson, IN

      0.32 acre residential land for sale in Hudson, Indiana.
      Ln 220 Lot 38 Lane, Hudson, IN 46747
      View Details
    • $90,000

      Lakefront Residential Land for Sale

      Residential land with lake access, ideal for building a home.
      Ln 220 Lot 32 Lane, Hudson, IN 46747
      View Details

    FAQs

    What type of property is this?
    Commercial land - 14 acres of commercial land with highway frontage.
    Where is this commercial land located?
    The property is located at 3136 Hwy 4 Road Hudson, IN.
    What is the asking price?
    The asking price for this property is $300,000.
    What are key features of this property?
    This property features: 14 acres of land, offering ample space for development.; Great frontage on Hwy #4, providing excellent visibility.; Zoned Commercial C‑1, ideal for various business ventures.
    (260) 402-2505
    We can help!
    Listing Contact
    Gary Gerardot
    Real Estate License ID: RB14005226
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    3136 Hwy 4 Road, Hudson, IN 46747
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!