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    Highways 27 & 33 Decatur, IN 46733

    Sponsored
    For Sale
    $1,197,000

    34.2 Acres, High-Traffic Location, I2 Zoning

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 34.2-acre commercial and industrial land parcel presents a compelling investment opportunity in Decatur, Indiana. Strategically located at the northeast quadrant of US Highways 27 & 33, this property boasts significant frontage: 640 feet on US Highway 27 and 1,131 feet on US Highway 33. The high-traffic intersection sees 25,000 vehicles daily, ensuring maximum visibility for any development. Zoned I2/General Industrial, the site is ideally suited for a variety of uses, including gas stations, convenience stores, or truck-related businesses. Its divisibility allows for flexible development options to suit diverse commercial ventures. The property's assessed parcel number (APN) is 01-05-10-300-002.000-021. Priced at $1,197,000, or $35,000 per acre, this represents a strong value proposition in the thriving Adams County area. The property's location in the Out of Allen County area offers excellent access to transportation networks and a growing market. This is a rare opportunity to acquire a large, well-positioned industrial site with significant development potential.

    Property Features for 0 Highways 27 & 33

    General Information

    Property type
    Land
    Lot Size
    1,489,752 SF

    HighLights

    • 640 ft. frontage on US Hwy 27 & 1,131 ft. on US Hwy 33.
    • High‑traffic intersection with 25,000 vehicles daily.
    • I2/General Industrial zoning.
    • Ideal for gas station, convenience store, or truck‑related business.
    • Divisible site.
    • $1,197,000 sale price ($35,000/acre).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Decatur
    County
    Adams
    State
    Indiana
    Longitude
    -84.9377764
    Latitude
    40.8324525

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    FAQs

    What type of property is this?
    Land - 34.2 Acres, High-Traffic Location, I2 Zoning
    Where is this land located?
    The property is located at Highways 27 & 33 Decatur, IN.
    What is the asking price?
    The asking price for this property is $1,197,000.
    What are key features of this property?
    This property features: 640 ft. frontage on US Hwy 27 & 1,131 ft. on US Hwy 33.; High-traffic intersection with 25,000 vehicles daily.; I2/General Industrial zoning.
    Request Owner's contact information
    Highways 27 & 33 Decatur, IN 46733
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    Decatur, IN 46733
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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
    Highways 27 & 33 Decatur, IN 46733
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