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    I-69 Rd Gas City, IN 46933

    For Sale
    Contact for pricing

    Gas City, IN prime commercial lots

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional development opportunity presents multiple lots ranging from 1.54 to 4.32 acres, strategically located at the high-traffic intersection of I-69 and US 35 in Gas City, Indiana. The property is zoned A-1 (Industrial) and boasts excellent visibility, making it ideal for a variety of commercial uses, including retail, office, and hospitality. Currently, two medical office buildings are proposed for the site, complementing existing businesses. The lots are divisible, offering flexibility for developers. Lots 1, 4, and 5 are available, with Lot 1 encompassing 1.54 acres priced at $308,600, Lot 4 spanning 1.84 acres for $382,700, and Lot 5 comprising 2.48 acres listed at $511,000. The site benefits from convenient access to two major roadways, ensuring high daily traffic volume. All necessary utilities are readily available on-site. This location is part of the main retail corridor at the Gas City and I-69 interchange, surrounded by established national retailers such as Starbucks, Hardee's, Taco Bell, and a Holiday Inn Express, providing a strong foundation for future development and ensuring high consumer traffic. The property's strategic location and diverse development potential make it a compelling investment opportunity. The Grant County APN is 27-08-31-300-020.000-037.

    Property Features for I-69 Rd

    General Information

    Property type
    Land
    Lot Size
    67,082 SF

    HighLights

    • High‑traffic I‑69 & US 35 intersection location in Gas City, Indiana.
    • Prime retail corridor with abundant traffic flow, near Starbucks, Hardee's, Taco Bell, and Holiday Inn Express.
    • Development opportunity includes proposed medical office buildings and potential for hospitality use.
    • Suitable for retail, office, or hospitality development.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Gas City
    County
    Grant
    State
    Indiana
    Longitude
    -85.553362
    Latitude
    40.482407

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Land - Gas City, IN prime commercial lots
    Where is this land located?
    The property is located at I-69 Rd Gas City, IN.
    What are key features of this property?
    This property features: High-traffic I-69 & US 35 intersection location in Gas City, Indiana.; Prime retail corridor with abundant traffic flow, near Starbucks, Hardee's, Taco Bell, and Holiday Inn Express.; Development opportunity includes proposed medical office buildings and potential for hospitality use.
    (260) 487-3697
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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
    I-69 Rd Gas City, IN 46933
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