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    State Road 120 Fremont, IN 46737

    Sponsored
    For Sale
    $717,869

    Prime Commercial Land, Build-to-Suit Option

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 4.12-acre commercial land parcel in Fremont, Indiana, presents a unique investment opportunity. Located on State Road 120 W, this property boasts excellent visibility and accessibility, situated within a fast-growing retail development area. The property is zoned Gb - General Business, offering a wide range of potential uses. A build-to-suit option is available, allowing for customized development to meet specific business needs. The asking price is $717,869. The site benefits from existing detention infrastructure suitable for most commercial uses, and signage opportunities are available. Its strategic location near the Fremont Outlet Shoppes ensures high traffic volume and exposure. The property's APN is 76-03-23-000-030.000-006, and it's conveniently located in Steuben County, Indiana, zip code 46737 (41.7305185, -84.9424739). This location offers proximity to popular Northern Indiana lake destinations, attracting a significant number of visitors and residents. The average rent per unit in similar developments is $174,240. This prime commercial land offers a compelling opportunity for developers and investors seeking a high-visibility location with significant growth potential. Don't miss this chance to secure a prominent position in a thriving retail corridor.

    Property Features for 0 State Road 120

    General Information

    Property type
    Land
    Lot Size
    179,467 SF

    HighLights

    • $717,869 asking price for 4.12 acres of commercial land.
    • Located in Fremont, IN, Steuben County, with a GB General Business zoning designation.
    • Build‑to‑suit options available.
    • High visibility and excellent access along State Road 120, near the Fremont Outlet Shoppes.
    • On‑site detention available for most users.
    • Signage opportunities available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Fremont
    County
    Steuben
    State
    Indiana
    Longitude
    -84.9424739
    Latitude
    41.7305185

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    FAQs

    What type of property is this?
    Land - Prime Commercial Land, Build-to-Suit Option
    Where is this land located?
    The property is located at State Road 120 Fremont, IN.
    What is the asking price?
    The asking price for this property is $717,869.
    What are key features of this property?
    This property features: $717,869 asking price for 4.12 acres of commercial land.; Located in Fremont, IN, Steuben County, with a GB General Business zoning designation.; Build-to-suit options available.
    Request Owner's contact information
    State Road 120 Fremont, IN 46737
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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
    State Road 120 Fremont, IN 46737
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