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    1849 Springhill Rd Warsaw, IN 46580

    For Sale
    $645,400

    9.22 Acres, High-Visibility Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 9.22-acre parcel presents a remarkable opportunity for commercial or residential development. Strategically located in Warsaw, Indiana, at 1849 E Springhill Rd (zip code 46580), this property boasts unparalleled visibility and accessibility, situated just off US 30, near SR 15 and E Center St. The R1 residential zoning allows for a variety of development options. The site benefits from existing public utilities, simplifying infrastructure needs. Its prime location offers easy access to major retailers and restaurants, including prominent names such as Meijer, Starbucks, Panda Express, Belle Tire, and Goodwill. Adding to its appeal, the property enjoys proximity to Warsaw Missionary Church and Pike Lake, enhancing its desirability and potential for attracting a diverse range of clientele. The asking price for this exceptional development opportunity is $645,400. This land offers significant potential for investors seeking high-impact returns in a thriving community. The property's high visibility and convenient location make it an ideal site for a variety of commercial or residential projects. Broker co-op is available.

    Property Features for 1849 Springhill Rd

    General Information

    Property type
    Land
    Lot Size
    401,623 SF

    HighLights

    • US‑30 frontage development land.
    • Public utilities available on‑site.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Warsaw Missionary Church Church WW Studio @ Warsaw ... Weight Loss Service

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Warsaw
    County
    Kosciusko
    State
    Indiana
    Longitude
    -85.83165546091
    Latitude
    41.25276341217

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    FAQs

    What type of property is this?
    Land - 9.22 Acres, High-Visibility Location
    Where is this land located?
    The property is located at 1849 Springhill Rd Warsaw, IN.
    What is the asking price?
    The asking price for this property is $645,400.
    What are key features of this property?
    This property features: US-30 frontage development land.; Public utilities available on-site.;
    (260) 424-8448
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    1849 Springhill Rd Warsaw, IN 46580
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    Warsaw, IN 46580
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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
    1849 Springhill Rd Warsaw, IN 46580
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