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    US-6 | Kendallville Kendallville, IN 46755

    For Sale
    $700,000

    1.29 Acres, I-1 Zoning, High Visibility

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 1.29-acre commercial land parcel in Kendallville, Indiana, presents a compelling investment opportunity. Strategically located on US-6 West, this property boasts two convenient access points to West North Street, ensuring high visibility and accessibility for potential businesses. The I-1 zoning allows for a variety of commercial uses, making it ideal for a range of developments. With an average daily traffic count of 16,216 vehicles on US-6, this location offers unparalleled exposure to a large customer base. The property's proximity to over 1,758 residences within a one-mile radius further enhances its appeal, providing a substantial pool of potential customers. This high-traffic location is perfect for businesses seeking maximum visibility and accessibility, such as quick-serve restaurants or retail establishments. The property's size and zoning provide ample flexibility for development, making it an excellent investment for those seeking a prime commercial location in a thriving area. The address is US-6 West in Kendallville, Noble County, Indiana, zip code 46755. This is a rare opportunity to acquire a highly visible and versatile commercial property in a desirable location. The asking price is $700,000.

    Property Features for US-6 | Kendallville

    General Information

    Property type
    Land
    Lot Size
    56,192 SF

    HighLights

    • 1.29‑acre vacant land parcel in Kendallville, Indiana.
    • I‑1 zoning allows for versatile commercial development.
    • High‑traffic location on US‑6 West with two access points, boasting 16,216 vehicles per day.
    • Excellent visibility and proximity to over 1,758 residential units within one mile, ideal for retail or quick‑serve restaurant development.
    • Exceptional investment opportunity for $700,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Kendallville
    County
    Noble
    State
    Indiana
    Longitude
    -85.2744221
    Latitude
    41.4523283

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    FAQs

    What type of property is this?
    Land - 1.29 Acres, I-1 Zoning, High Visibility
    Where is this land located?
    The property is located at US-6 | Kendallville Kendallville, IN.
    What is the asking price?
    The asking price for this property is $700,000.
    What are key features of this property?
    This property features: 1.29-acre vacant land parcel in Kendallville, Indiana.; I-1 zoning allows for versatile commercial development.; High-traffic location on US-6 West with two access points, boasting 16,216 vehicles per day.
    (260) 755-7816
    Request Owner's contact information
    US-6 | Kendallville Kendallville, IN 46755
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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
    US-6 | Kendallville Kendallville, IN 46755
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