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Commercial Land on US Hwy 31
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22298 US-31, Cicero, IN 46034

19.19 acres of commercial land with multiple zoning.

Property SizeContact for details
Lot Size19.19 Acres
Days on Market1609

Property Features for 22298 US-31

General Information

Standard status Active
Lot size 19.19 Acres
Property subtype Land
Zoning O-1, M-3, C-2
Listing Agency: Kaiser Land Company
Listed By: Craig Kaiser · License #RB14005305
Source: Crexi
Added: Apr 14, 2022 Changed: Sep 6 Last Checked: Sep 7 at 6:29AM

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 Kaiser Land Company

Investment Insights

Based on property information with market context.

This property features 19.19 acres of commercial land situated on US Hwy 31, north of 216th Street. The land has direct frontage on US Hwy 31, but currently has no access from any roadway. The property has multiple commercial zoning designations. 10 acres are zoned 0-1 for commercial use with building architecture and overall aesthetics of a residential character. Possible permitted uses include banks, financial institutions, offices, medical offices, and self-storage facilities as part of an office building or complex, where the size of the storage facility cannot exceed the size of the office building. An additional 3 acres are zoned C-2 for commercial development with moderate impact. Possible permitted uses for this section include restaurants, recreational uses, antique/gift shops, and public auction rooms. The remaining 6.19 acres are zoned M-3 for manufacturing extraction and processing, with permitted uses including concrete and asphalt plants and associated businesses.

Key Highlights

  • 19.19 acres total commercial land
  • Multiple commercial zoning designations (O‑1, C‑2, M‑3)
  • Direct frontage on US Hwy 31

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Big Box & Wholesale Store Kitchen & Bath Showroom Storage Facility Restaurant

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

Location Intelligence

Trade Area within ½ mile

22
Businesses Nearby

Demographics for 46034, IN

7,316
Population
3,327
Households
2.2
Avg Household Size
44
Median Age
42%
College-Educated
97%
High-School Grad
31.3 sq mi
ZIP Area
234
Density / Sq Mi
$90,795
Median Household Income
$53,488
Median Earnings
$1,038
Median Rent
$292,900
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - 19.19 acres of commercial land with multiple zoning.
Where is this commercial land located?
The property is located at 22298 US-31 Cicero, IN.
What is the asking price?
The asking price for this property is $3,500,000.
What are key features of this property?
This property features: 19.19 acres total commercial land; Multiple commercial zoning designations (O‑1, C‑2, M‑3); Direct frontage on US Hwy 31
(317) 843-8446 Call to check price and availability
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