State Road 66 Leavenworth, IN 47137
This exceptional 18.15-acre commercial property in Leavenworth, Indiana, presents a unique investment opportunity. Located on State Road 66, it boasts an impressive 1076 feet of road frontage and enjoys unparalleled visibility and accessibility due to its proximity—within a half-mile—of the I-64 interchange. The expansive acreage is ideally suited for a diverse range of commercial developments, including restaurants, retail establishments, office buildings, hotels, or a strip center. The property's strategic location offers significant potential for high traffic volume and strong returns. This is a rare chance to acquire a substantial parcel of land in a high-growth area. However, prospective buyers should note that the seller reserves the right to refuse any offer if the intended use of the land is not disclosed, is not aligned with the seller's mission, vision, and core values, or is not approved by the seller's board of directors. Serious inquiries only, with a detailed development plan are encouraged. The asking price for this remarkable property is $525,000.
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.