Bluelick Rd Unit Lot, Memphis, IN 47143
This exceptional 1.22-acre commercial lot presents a unique investment opportunity in Memphis, Indiana. Strategically located off a busy commercial and residential thoroughfare, this property boasts unparalleled visibility and accessibility. Its prime position offers immediate access to Interstate 65, a major transportation artery ensuring high traffic volume and excellent exposure for any business. The lot is currently available for sale or as a ground lease, providing flexibility for potential buyers or lessees. This versatile parcel is perfectly suited for a wide range of commercial developments, from retail establishments and restaurants to office spaces and light industrial uses. The high traffic count of the surrounding area guarantees a large potential customer base, making this an attractive proposition for businesses seeking a prominent location with strong growth potential. The property's central location within Memphis offers easy access to local amenities and a thriving community. Serious inquiries are encouraged to explore the possibilities of this exceptional commercial land opportunity. The seller is open to discussing both outright purchase and ground lease options, making this a highly adaptable investment. Don't miss this chance to secure a prime piece of commercial real estate in a rapidly developing area.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.