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    7th St & Touring Dr Auburn, IN 46706

    For Sale
    $1,789,360

    Three lots, prime industrial land, Auburn, IN.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional investment opportunity presents three remaining lots of prime industrial land within the Duesenberg Centre in Auburn, Indiana. These lots, totaling between 2 and 8.77 acres, are zoned I-1 and offer a compelling combination of location and accessibility. The land is priced between $3 and $5 per square foot, with an asking price of $1,789,360. Situated adjacent to a Walmart and in a rapidly growing commercial area, this property benefits from exceptional highway visibility due to its proximity to the intersection of I-69 and SR 8. The site enjoys easy access from the interchange via Touring Drive and Ley Drive, ensuring high traffic flow and excellent exposure. With a daily traffic count of 23,867 vehicles, this location provides unparalleled visibility and accessibility for any commercial development. The property's APN is 17-05-36-200-031.000-012. This is a rare chance to acquire land in a thriving commercial area with significant development potential. Don't miss this opportunity to secure a strategic location for your next project. The property is located at 7th Street & Touring Drive, Auburn, IN 46706.

    Property Features for 7th St & Touring Dr

    General Information

    Property type
    Land
    Lot Size
    87,120 SF

    HighLights

    • Three industrial land lots remaining in prime Auburn, IN development area.
    • Adjacent to Walmart with high traffic counts (23,867 VPD).
    • Located in a rapidly growing commercial area near I‑69 and SR 8 interchange.
    • Excellent highway visibility and easy access from the interchange.
    • Lot sizes range from 2 to 8.77 acres; $3-$5/SF land value.
    • Asking price: $1,789,360; APN: 17‑05‑36‑200‑031.000‑012; I‑1 Zoning.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Auburn
    County
    DeKalb
    State
    Indiana
    Longitude
    -85.0441304
    Latitude
    41.3548101

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    FAQs

    What type of property is this?
    Land - Three lots, prime industrial land, Auburn, IN.
    Where is this land located?
    The property is located at 7th St & Touring Dr Auburn, IN.
    What is the asking price?
    The asking price for this property is $1,789,360.
    What are key features of this property?
    This property features: Three industrial land lots remaining in prime Auburn, IN development area.; Adjacent to Walmart with high traffic counts (23,867 VPD).; Located in a rapidly growing commercial area near I-69 and SR 8 interchange.
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    7th St & Touring Dr Auburn, IN 46706
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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
    7th St & Touring Dr Auburn, IN 46706
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