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    Ley Dr Auburn, IN 46706

    Sponsored
    For Sale
    $450,000

    Prime 0.99-acre commercial lot, high traffic, I-69 access.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    397
    This exceptional 0.99-acre commercial land parcel presents a unique investment opportunity in Auburn, Indiana. Located in DeKalb County, with APN 17-05-36-200-009.000-012, this C2 zoned property enjoys a highly visible location near the Auburn Walmart, benefiting from substantial daily traffic counts of 23,867 vehicles. Its strategic position provides excellent I-69 highway visibility, ensuring high exposure for any development. Easy access is provided via the interchange onto Touring Drive and Ley Drive, enhancing its appeal and accessibility. The property's address is Ley Dr, Auburn, IN 46706 (latitude 41.364662020260575, longitude -85.08075561220143). This prime land is situated within a rapidly growing commercial district, making it an ideal location for businesses seeking high visibility and convenient access. The asking price for this exceptional property is $450,000. This is a rare opportunity to acquire a highly desirable commercial lot in a thriving area with significant growth potential. Don't miss out on this chance to secure a strategic location for your next development project.

    Property Features for 0 Ley Dr

    General Information

    Property type
    Land
    Lot Size
    43,124 SF

    HighLights

    • 0.99‑acre commercial land parcel in Auburn, IN.
    • C2 zoning, high visibility near Auburn Walmart (23,867 daily vehicle counts).
    • Excellent I‑69 highway visibility, easy access via Touring Drive and Ley Drive interchange.
    • APN 17‑05‑36‑200‑009.000‑012, address: Ley Dr, Auburn, IN 46706.
    • Asking price: $450,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Auburn
    County
    DeKalb
    State
    Indiana
    Longitude
    -85.080755612201
    Latitude
    41.364662020261

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    FAQs

    What type of property is this?
    Land - Prime 0.99-acre commercial lot, high traffic, I-69 access.
    Where is this land located?
    The property is located at Ley Dr Auburn, IN.
    What is the asking price?
    The asking price for this property is $450,000.
    What are key features of this property?
    This property features: 0.99-acre commercial land parcel in Auburn, IN.; C2 zoning, high visibility near Auburn Walmart (23,867 daily vehicle counts).; Excellent I-69 highway visibility, easy access via Touring Drive and Ley Drive interchange.
    Request Owner's contact information
    Ley Dr Auburn, IN 46706
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    Auburn, IN 46706
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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
    Ley Dr Auburn, IN 46706
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