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    1 Eyster Dr Angola, IN 46703

    Sponsored
    For Sale
    $799,900

    Prime 2.97 acre commercial lot, ideal for development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 2.972-acre commercial land parcel presents a remarkable investment opportunity in Angola, Indiana. Boasting high visibility and I-69 exposure, this property is strategically located within a thriving retail and restaurant corridor, surrounded by established businesses including Menards, Kohl's, Applebee's, and Wendy's. The site's prime location ensures significant foot traffic and easy accessibility, making it perfect for a variety of commercial ventures. The property's size and location offer endless possibilities for development, catering to a wide range of businesses seeking high-impact visibility and convenient access. Situated at Tract 1 Eyster Drive, Angola, IN 46703, this parcel is conveniently located in Steuben County. The property's address is Tract 1 Eyster Dr. For those seeking a larger footprint, an adjacent 4.282-acre parcel is also available for purchase (MLS 202412152), offering the potential for significant expansion or complementary development. This is a rare opportunity to acquire a highly desirable commercial property in a rapidly growing area. The asking price for this exceptional property is $799,900.

    Property Features for 1 Eyster Dr

    General Information

    Property type
    Land
    Lot Size
    129,460 SF

    HighLights

    • $799,900 asking price.
    • 2.972 acres of commercial land.
    • Located in Angola, IN, Steuben County, zip code 46703.
    • I‑69 visibility.
    • Situated in Angola's main retail and restaurant area, near Menards, Kohl's, Applebee's, and Wendy's.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Angola
    County
    Steuben
    State
    Indiana
    Longitude
    -85.0026697
    Latitude
    41.6745416

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    FAQs

    What type of property is this?
    Land - Prime 2.97 acre commercial lot, ideal for development.
    Where is this land located?
    The property is located at 1 Eyster Dr Angola, IN.
    What is the asking price?
    The asking price for this property is $799,900.
    What are key features of this property?
    This property features: $799,900 asking price.; 2.972 acres of commercial land.; Located in Angola, IN, Steuben County, zip code 46703.
    Request Owner's contact information
    1 Eyster Dr 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
    1 Eyster Dr Angola, IN 46703
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