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    599 400 Angola, IN 46703

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    For Sale
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    13.54 Acres, I-69 Proximity

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 13.54-acre commercial land parcel presents a remarkable development opportunity in Angola, Indiana. Its strategic location offers unparalleled access to major transportation arteries, boasting over 1,600 feet of frontage along State Road 127 and County Road 400 North. Less than 0.3 miles from Interstate 69, this property benefits from excellent visibility and convenient access to regional and statewide transportation networks. The site's prime retail corridor placement on SR 127 places it within a thriving commercial area, complemented by the proximity of established businesses such as Meijer, Menards, and Walmart (located within one mile). Furthermore, the property is situated across the street from a Ramada Inn and Tesla charging stations, indicating a strong existing infrastructure and high traffic volume. Within two miles lies the popular Pokagon State Park, attracting significant tourism and recreational activity. This presents a unique opportunity to capitalize on the area's natural beauty and robust tourism sector. The permitted commercial zoning allows for a wide range of development possibilities, making this property an exceptional investment for discerning developers seeking a high-impact location with significant growth potential. The property's size and location make it ideal for a variety of commercial ventures, catering to both local residents and the influx of tourists visiting the nearby state park and lakes.

    Property Features for 599 400

    General Information

    Property type
    Land
    Lot Size
    589,802 SF

    HighLights

    • 13.54‑acre commercial land parcel with high development potential in Angola, IN.
    • Prime retail location on SR 127, less than 0.3 miles from I‑69.
    • Two miles from Pokagon State Park.
    • One mile from Meijer, Menards, and Walmart.
    • Across from Ramada Inn and Tesla charging stations.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Angola
    County
    Steuben
    State
    Indiana
    Longitude
    -84.9979455
    Latitude
    41.7003815

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    FAQs

    What type of property is this?
    Land - 13.54 Acres, I-69 Proximity
    Where is this land located?
    The property is located at 599 400 Angola, IN.
    What are key features of this property?
    This property features: 13.54-acre commercial land parcel with high development potential in Angola, IN.; Prime retail location on SR 127, less than 0.3 miles from I-69.; Two miles from Pokagon State Park.
    (260) 755-7836
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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
    599 400 Angola, IN 46703
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