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    County Road 27 Ashley, IN 46705

    For Sale
    $3,364,000

    169 Acres, I-69 Frontage, High Visibility

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 169-acre industrial land parcel in Ashley, Indiana, presents a compelling investment opportunity. Strategically located in northeastern Indiana, north of Fort Wayne, the property boasts over half a mile of high-visibility frontage on Interstate 69, with I-69 access within half a mile. This prime location ensures easy distribution and accessibility. The property's versatility is further enhanced by four existing billboard sites, generating passive income. Ideal for a large-scale distribution center or warehouse, the expansive acreage allows for significant logistical operations and future expansion. Essential utilities are readily available, including city water on-site and city sanitary services within a quarter mile. A substantial county drain tile system ensures effective drainage, minimizing potential disruptions. This low-maintenance property offers a unique blend of accessibility, income potential, and efficient infrastructure, making it an exceptional investment for businesses seeking a strategic location for the movement of goods and services. The combination of size, location, and existing infrastructure makes this a rare opportunity in a high-demand market.

    Property Features for 0 County Road 27

    General Information

    Property type
    Land
    Lot Size
    7,361,640 SF

    HighLights

    • $3,364,000 asking price for 169 acres of industrial land.
    • Located in Ashley, IN, near Fort Wayne, with over half a mile of I‑69 frontage.
    • Features four billboard sites generating passive income.
    • Ideal for distribution centers or warehouses due to size and I‑69 access.
    • Access to city water and sanitary services within a quarter mile.
    • Includes a substantial county drain tile system for effective drainage.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Ashley
    County
    De Kalb
    State
    Indiana
    Longitude
    -85.0545197
    Latitude
    41.5250281

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    FAQs

    What type of property is this?
    Land - 169 Acres, I-69 Frontage, High Visibility
    Where is this land located?
    The property is located at County Road 27 Ashley, IN.
    What is the asking price?
    The asking price for this property is $3,364,000.
    What are key features of this property?
    This property features: $3,364,000 asking price for 169 acres of industrial land.; Located in Ashley, IN, near Fort Wayne, with over half a mile of I-69 frontage.; Features four billboard sites generating passive income.
    Request Owner's contact information
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    Ashley, IN 46705
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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
    County Road 27 Ashley, IN 46705
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