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    Bluelick Rd Unit Lot Memphis, IN 47143

    For Sale
    $1,400,000

    2.58 Acres, I-65 Access

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    315
    This exceptional 2.58-acre commercial lot presents a remarkable investment opportunity in Memphis, Indiana. Strategically located off a major thoroughfare experiencing high volumes of both commercial and residential traffic, this property offers unparalleled visibility and accessibility. Its prime position provides immediate access to Interstate 65, a crucial artery connecting numerous communities and businesses. This translates to significant exposure for any development, ensuring high potential for attracting customers and clients. The property is available for sale or ground lease, providing flexibility for various development plans. The expansive acreage allows for a wide range of possibilities, from the construction of a large-scale retail center or industrial facility to the development of smaller commercial buildings or a mixed-use project. Given its location and accessibility, this lot is ideally suited for businesses seeking high visibility and convenient access to major transportation routes. The high traffic volume ensures a constant flow of potential customers, making this a highly desirable location for a variety of commercial ventures. Serious inquiries are encouraged to explore the possibilities this exceptional property offers. The asking price is $1,400,000. Contact us today to learn more about this unique opportunity. The property is identified as Bluelick Rd Unit Lot #B.

    Property Features for Bluelick Rd Unit Lot

    General Information

    Property type
    Other commercial real estate
    Lot Size
    112,385 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Memphis
    County
    Clark
    State
    Indiana
    Longitude
    -85.76308
    Latitude
    38.48442

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    FAQs

    What type of property is this?
    Commercial real estate - 2.58 Acres, I-65 Access
    Where is this commercial real estate located?
    The property is located at Bluelick Rd Unit Lot Memphis, IN.
    What is the asking price?
    The asking price for this property is $1,400,000.
    (812) 728-8181
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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
    Bluelick Rd Unit Lot Memphis, IN 47143
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