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Property profile & analytics
OFF-MARKET
Land

2115 236Th St Cicero, IN 46034

13.3 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 13.3-acre commercial and industrial land parcel presents a unique development opportunity in Cicero, Indiana. Strategically located at the intersection of 236th Street and the new US 31 interchange, this property boasts convenient access to major transportation routes. County utilities and some infrastructure improvements are already in place, streamlining the development process. The property is zoned AG, but falls within a commercial overlay, allowing for a variety of uses including regional services, commercial ventures, and potential retail establishments. The seller is open to dividing the land, potentially creating smaller parcels of 1 acre or more, depending on the buyer's needs and intended use. While the seller prefers a single sale of the entire 13.3 acres, pricing may be adjusted based on the size and intended use of the subdivided parcels. It's important to note that the seller resides on the property and requests that prospective buyers refrain from disturbing them. Furthermore, while the listed acreage is approximate, buyers are encouraged to conduct their own survey to determine the precise lot size. No development plans are in place beyond the existing county improvements. Interested parties should contact Cicero's planning and design department to discuss specific development plans and zoning requirements. This is a remarkable opportunity to acquire a well-situated, ready-to-develop site in a rapidly growing area. The asking price is $5,999,999.

Property profile
Verified
Property type Land
Lot 13.3 ac (579,348 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
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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