Property profile

00 I-69 & Cr11A Rd Garrett, IN 46706

OFF-MARKET
Land
40 ac lot
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Property summary

AI-generated overview

This exceptional 40-acre commercial land parcel presents a significant investment opportunity in Dekalb County, Indiana. Strategically located at the intersection of I-69 and CR11A Road, this property (Parcel "F") offers unparalleled access and visibility. The lot boasts irregular dimensions and is serviced by city water and sewer, eliminating the need for costly infrastructure development. The asking price is $1,400,000. Given its size and prime location, this property is ideal for a variety of commercial uses, from warehousing and distribution to light industrial development or other large-scale ventures. The property is part of a larger area with additional land available for potential expansion or complementary development. This presents a unique chance to acquire a substantial land holding in a rapidly growing region of Indiana. The address is 00 I-69 & CR11A Road, Auburn, IN 46706. While parking is not currently established, the ample space allows for easy incorporation of parking facilities as needed. The property is unimproved, offering a blank canvas for a custom-designed development. Serious inquiries are encouraged.

Property profile

Verified
Property type Land
Lot 40 ac (1,742,400 SF)

Cap rate & NOI

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

Location

00 I-69 & Cr11A Rd Garrett, IN 46706
Garrett metro
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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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