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    County Road 19 Auburn, IN 46706

    For Sale
    $1,106,707

    Prime I-1 zoned land near I-69

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 8.33-acre commercial land parcel presents a significant investment opportunity in Auburn, Indiana. Strategically located near a substantial 150-acre development along I-69 and only 15 miles north of Fort Wayne, this property offers unparalleled access to major transportation routes and a thriving regional economy. The site is divided into two outlots: a 3.75-acre north lot and a 4.58-acre south lot, each individually priced, or available together for $1,106,707.10. The I-1 Light Industrial zoning allows for a diverse range of business uses, making it ideal for companies seeking a strategic location for warehousing, light manufacturing, or distribution. The property's location at the southwest corner of State Road 8 and I-69 provides exceptional visibility and accessibility. Individual lot pricing is $506,385.00 for the north lot and $598,514.40 for the south lot. The price per acre ranges from $130,680.13 to $135,036, reflecting the high demand for commercial land in this rapidly growing area. The property's APN numbers are 17-05-36-100-003.000-029 (North Property) and 17-05-36-100-004.000-029 (South Property). This is a rare opportunity to acquire prime commercial real estate in a high-growth corridor.

    Property Features for 0 County Road 19

    General Information

    Property type
    Land
    Lot Size
    163,350 SF

    HighLights

    • Prime 8.33‑acre commercial land parcel in Auburn, IN, near a 150‑acre I‑69 development.
    • Southwest corner of SR 8 and I‑69, offering excellent visibility and accessibility.
    • Located 15 miles north of Fort Wayne, IN.
    • I‑1 Light Industrial zoning, suitable for warehousing, light manufacturing, or distribution.
    • North lot (3.75 acres): $506,385.
    • South lot (4.58 acres): $598,514.40.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Auburn
    County
    DeKalb
    State
    Indiana
    Longitude
    -85.0974501
    Latitude
    41.2832248

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    FAQs

    What type of property is this?
    Land - Prime I-1 zoned land near I-69
    Where is this land located?
    The property is located at County Road 19 Auburn, IN.
    What is the asking price?
    The asking price for this property is $1,106,707.
    What are key features of this property?
    This property features: Prime 8.33-acre commercial land parcel in Auburn, IN, near a 150-acre I-69 development.; Southwest corner of SR 8 and I-69, offering excellent visibility and accessibility.; Located 15 miles north of Fort Wayne, IN.
    Request Owner's contact information
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    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
    County Road 19 Auburn, IN 46706
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