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Property profile & analytics
OFF-MARKET
Land

3976 Old Indiana 37 Bedford, IN 47421

0.96 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 0.963-acre residential lot presents a remarkable development opportunity in Bedford, Indiana. Located at 3976 Old Indiana 37 N, 47421, this property boasts convenient access to State Road 37, enhancing its appeal for potential projects. The asking price is $345,000. The land itself is zoned for residential use and includes an existing building on the site, offering flexibility for redevelopment or repurposing. Detailed plans for an apartment building are already available, streamlining the development process and potentially reducing initial planning costs. The property's size, location, and existing infrastructure make it an ideal investment for developers seeking a prime location in a growing area. The lot's proximity to State Road 37 provides excellent visibility and accessibility, making it an attractive proposition for a variety of residential developments. This is a rare opportunity to acquire a ready-to-develop parcel in a desirable Indiana location. The existing building could be renovated, incorporated into a larger project, or removed to make way for new construction. Serious inquiries are encouraged to explore the full potential of this valuable asset. Lawrence County location provides access to local amenities and services. The latitude and longitude coordinates are 38.970048065052325 and -86.54932502007476 respectively.

Property profile
Verified
Property type Land
Lot 0.96 ac (41,948 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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