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    Executive Park Dr Yorktown, IN 47396

    For Sale
    $3,295,000

    Prime Indiana commercial land, I-69 access.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 6.59-acre commercial land parcel is strategically located in Yorktown, Indiana, at the gateway to Ball State University, Muncie, and Yorktown itself. Situated immediately east of the I-69 exit to State Road 332, this property boasts an excellent, highly visible location ideal for a variety of commercial developments. Specifically, it presents a strong opportunity for hotels, motels, quick-service restaurants (QSRs), and hospitals. The site is fully serviced, featuring readily available water, sewer, electricity, and all necessary communication lines. The property is ready for immediate development. Note that gas stations, convenience stores, liquor stores, and truck stops are restricted on this site. The owner is open to build-to-suit (BTS) arrangements or ground leases, and will subdivide the parcel to accommodate specific development needs. This is a rare opportunity to acquire a well-located, fully-serviced commercial land parcel in a rapidly growing area of Indiana. The asking price for this exceptional property is $3,295,000.

    Property Features for 0 Executive Park Dr

    General Information

    Property type
    Land
    Lot Size
    287,060 SF

    HighLights

    • Gas, convenience store, liquor store, and truck stop uses restricted.
    • Build‑to‑suit or ground lease available; parcel subdivision possible.
    • Prime location near Ball State University, Muncie, and Yorktown.
    • Highly visible site at I‑69 and SR 332 interchange.
    • Ideal for hotel/motel, quick‑service restaurant, or hospital; utilities available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Yorktown
    County
    Delaware
    State
    Indiana
    Longitude
    -85.5568994
    Latitude
    40.2185404

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    FAQs

    What type of property is this?
    Land - Prime Indiana commercial land, I-69 access.
    Where is this land located?
    The property is located at Executive Park Dr Yorktown, IN.
    What is the asking price?
    The asking price for this property is $3,295,000.
    What are key features of this property?
    This property features: Gas, convenience store, liquor store, and truck stop uses restricted.; Build-to-suit or ground lease available; parcel subdivision possible.; Prime location near Ball State University, Muncie, and Yorktown.
    Request Owner's contact information
    Executive Park Dr Yorktown, IN 47396
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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
    Executive Park Dr Yorktown, IN 47396
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