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    120 North St Fremont, IN 46737

    Sponsored
    For Sale
    $571,943

    Prime Indiana land, build-to-suit options.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional commercial land offering presents two developed lots totaling 2.02 and 4.12 acres, respectively, located at the southwest corner of State Road 120 and Old US 27 in Fremont, Indiana. The property boasts a highly visible location on State Road 120, just north of Big Otter Lake, a popular destination in Northern Indiana. Both lots are zoned GB - General Business, allowing for a wide range of commercial development possibilities. The asking price for the 2.02-acre lot is $571,943, representing a price per acre of $283,140. Build-to-suit options are available, providing flexibility for potential buyers to tailor the development to their specific needs. The property's APN is 76-03-23-000-030.000-006. This prime location offers excellent visibility and accessibility, making it an ideal investment opportunity for businesses seeking to establish a presence in a thriving area of Northern Indiana. The property is situated in Steuben County, Indiana, with a Fremont zip code of 46737. The coordinates are 41.7326143 latitude and -84.9318515 longitude. This is a rare opportunity to acquire developed commercial land in a desirable location with significant potential for growth and return on investment.

    Property Features for 120 North St

    General Information

    Property type
    Land
    Lot Size
    87,991 SF

    HighLights

    • Two developed lots remaining: 2.02 and 4.12 acres.
    • Build‑to‑suit options available.
    • Excellent visibility from SR 120, just north of Big Otter Lake.
    • Located at the southwest corner of SR 120 and Old US 27 in Fremont, IN.
    • General Business (GB) zoning.
    • Lot pricing available on page 3.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Building Supply Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Fremont
    County
    Steuben
    State
    Indiana
    Longitude
    -84.9318515
    Latitude
    41.7326143

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    FAQs

    What type of property is this?
    Land - Prime Indiana land, build-to-suit options.
    Where is this land located?
    The property is located at 120 North St Fremont, IN.
    What is the asking price?
    The asking price for this property is $571,943.
    What are key features of this property?
    This property features: Two developed lots remaining: 2.02 and 4.12 acres.; Build-to-suit options available.; Excellent visibility from SR 120, just north of Big Otter Lake.
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    120 North St 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
    120 North St Fremont, IN 46737
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