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    9391 In-64 Oakland City, IN 47660

    For Sale
    $399,000

    0.8-acre lot, prime commercial location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 0.802-acre commercial land parcel presents a unique investment opportunity in Oakland City, Indiana. Located at 9391 IN-64, this property boasts an enviable position just 0.1 miles from the I-69 access point, ensuring high visibility and convenient access for businesses and customers. The parcel is identified by APN 26-13-22-400-000.566-006. Currently, there is a home on the property, but it is slated for demolition to make way for a new retail or commercial development. This presents a blank canvas for a wide range of commercial ventures, capitalizing on the high-traffic location and strong potential for growth. The asking price for this strategically located land is $399,000. This is an excellent opportunity to acquire a well-situated commercial lot in a growing area, ready for immediate development. The property's proximity to I-69 offers unparalleled connectivity, making it an ideal location for businesses seeking easy access to major transportation routes. Don't miss this chance to secure a prime piece of commercial real estate in Oakland City. The 47660 zip code offers a thriving community and a strong potential customer base.

    Property Features for 9391 In-64

    General Information

    Property type
    Land
    Lot Size
    34,935 SF

    HighLights

    • $399,000 asking price.
    • 0.802‑acre commercial land parcel.
    • Located at 9391 IN‑64, Oakland City, IN 47660.
    • APN: 26‑13‑22‑400‑000.566‑006.
    • 0.1 mile from I‑69 access.
    • Existing home to be demolished; ideal for retail or commercial development.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Oakland City
    County
    Gibson
    State
    Indiana
    Longitude
    -87.391108432432
    Latitude
    38.326642697014

    Nearby Comparable

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      Land Available in Oakland City

      Land for sale at 9335 IN-64, Oakland City, IN.
      9335 In-64, Oakland City, IN
      View Details
    • $399,000

      Land Available in Oakland City

      Land for sale at 9391 IN-64, Oakland City, Indiana.
      9391 In-64, Oakland City, IN
      View Details
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    Nearby Similar for Sale

    • $2,500,000

      Remodeled Income Producing Mixed-Use Property

      Newly remodeled mixed-use property with apartments, storage units, and urgent care.
      1000 W Morton St, Oakland City, IN 47660
      View Details
    • $2,500,000
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      Morton St. Mixed-Use Investment

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      1000 Morton St, Oakland City, IN 47660
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    FAQs

    What type of property is this?
    Land - 0.8-acre lot, prime commercial location.
    Where is this land located?
    The property is located at 9391 In-64 Oakland City, IN.
    What is the asking price?
    The asking price for this property is $399,000.
    What are key features of this property?
    This property features: $399,000 asking price.; 0.802-acre commercial land parcel.; Located at 9391 IN-64, Oakland City, IN 47660.
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    Oakland City, IN 47660
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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
    9391 In-64 Oakland City, IN 47660
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