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2 Plaza Dr Warsaw, IN 46580

OFF-MARKET Land Google Maps
1.6 ac lot
Estimated value
No estimation on file for this property yet.
Property ID

Property summary

AI-generated overview

This exceptional 1.6-acre commercial land parcel, identified as Lots 1 & 2 Plaza Drive in Warsaw, Indiana, presents a remarkable opportunity for new construction. Situated in the thriving North Park Plaza area, this property boasts a highly desirable C-2 zoning designation, opening doors to a wide array of commercial development possibilities. The expansive lot size provides ample space for a substantial building project, catering to various business needs. Convenient access to a state highway ensures excellent visibility and accessibility for potential customers and employees. The strategic location is further enhanced by its proximity to established businesses, including the prominent Lassus Handy Dandy and VIA Credit Union, creating a strong commercial anchor and attracting significant foot traffic. The asking price for this exceptional property is $325,000. The property's address is Lots 1, 2 Plaza Dr, Warsaw, IN 46580. This is a rare chance to acquire a well-positioned commercial lot in a rapidly growing area, offering significant potential for long-term investment and return. Don't miss this opportunity to secure a prime piece of commercial real estate in Kosciusko County.

Property profile

Verified
Property type Land
Lot 1.6 ac (69,696 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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