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    Tbd Gerald Lett Angola, IN 46703

    Sponsored
    For Sale
    $499,000

    5 Acres, US 20 Frontage, C-1 Zoning

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 5-acre commercial land parcel presents a unique investment opportunity in the thriving city of Angola, Indiana. Strategically located between I-69 and downtown Angola, this property boasts excellent visibility and accessibility, with direct frontage on US Highway 20. The C-1 zoning allows for a wide range of potential uses, making it ideal for businesses seeking a prominent location in a growing community. With a total area of 217,800 square feet, the site offers ample space for development. The property's proximity to major transportation arteries ensures convenient access for employees, customers, and suppliers. Angola's robust economic growth and its position as a key regional hub make this land a compelling investment prospect. The property is served by the MSD of Steuben County. This is a rare chance to acquire a significant commercial land holding in a desirable location with high potential for future appreciation. Serious inquiries are encouraged to explore the possibilities this exceptional property offers. The asking price is $499,000.

    Property Features for 0 Tbd Gerald Lett

    General Information

    Property type
    Land
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Angola
    County
    Steuben
    State
    Indiana
    Longitude
    -85.0282547
    Latitude
    41.6373069

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    FAQs

    What type of property is this?
    Land - 5 Acres, US 20 Frontage, C-1 Zoning
    Where is this land located?
    The property is located at Tbd Gerald Lett Angola, IN.
    What is the asking price?
    The asking price for this property is $499,000.
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    Tbd Gerald Lett Angola, IN 46703
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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
    Tbd Gerald Lett Angola, IN 46703
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