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    OFF-MARKET
    Commercial real estate

    Memphis-Bluelick Rd, Memphis, IN 47143

    4.6 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 4.6-acre commercial parcel boasts a highly desirable location directly off Interstate 65, offering unparalleled accessibility and visibility. Its strategic position provides easy access to downtown Louisville, making it an attractive site for a variety of commercial ventures. The property's zoning allows for diverse development options, including multifamily housing, a shopping center, or a fast-food restaurant. The significant acreage presents ample space for substantial construction and ample parking. This location is poised for significant growth and offers investors a rare opportunity to capitalize on its prime position within a thriving market. The property's proximity to a major interstate ensures high traffic volume and excellent exposure for any business. This presents a unique chance to establish a thriving commercial enterprise in a high-demand area. Further expansion opportunities exist with the availability of additional adjacent parcels (Listing # 2019011301, 20119011328), allowing for significant scalability and potential for future development. The asking price of $690,000 reflects the exceptional value and potential of this prime commercial land. Serious inquiries are encouraged to explore this remarkable investment opportunity. Contact us today to schedule a showing and discuss the possibilities.

    Property profile
    Verified
    Property type Commercial real estate
    Lot 4.6 ac (200,376 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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    CAP Approach CAP
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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