Listing Agency: NAI Cressy Commercial Real Estate - Corporate r***@cressyandeverett.com Show Phone

Listed By: Roy Roelke · License #RB14051091 Show Phone

Source: Moodyscre

Added: Nov 24, 2025 Changed: Jul 6 Last Checked: Aug 13 at 11:17AM

Report an Issue

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NAI Cressy Commercial Real Estate - Corporate

Investment Insights

Based on property information with market context.

This property is located on U.S. 31, offering a location suitable for developing a regional office, warehouse, or general business building. The area is becoming attractive for businesses aiming to serve the new industrial plants being constructed in Kokomo and the Greater South Bend area. The location directly on U.S. 31 facilitates efficient transportation of manufactured goods and products north and south, with the Hoosier Heartland Corridor nearby for east-west transit.

Key Highlights

• Prime location on U.S. 31 for efficient transportation of goods north and south.
• Low development costs for building a regional office, warehouse, or general business.
• Growing attractiveness for businesses servicing new industrial plants in Kokomo and South Bend.

Property Analytics

Property Profile

Current Use

Commercial land

Suggested Use

Top Pick Veterinary Clinic Discount Store Department Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)

Lease Type

Location Intelligence

Trade Area within ½ mile

3

Businesses Nearby

Explore this area Business Placement

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019

4.9% 2020

3.6% 2021

3.1% 2022

4.6% 2023

5% 2024

4.9% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this land located? What is the lease rate? Find similar properties ... What are key features of this property?

Ask Rey about this property ...

Frequently Asked Questions

What type of property is this?

Land - Land suitable for regional office, warehouse, or general business.

Where is this land located?

The property is located at 1050 N Old Route 31 Macy, IN.

What are key features of this property?

This property features: Prime location on U.S. 31 for efficient transportation of goods north and south.; Low development costs for building a regional office, warehouse, or general business.; Growing attractiveness for businesses servicing new industrial plants in Kokomo and South Bend.