3798 In-61 Petersburg, IN 47567
- Land
- 11.00 lot acres
Current Use by Public Records
- Land
Property Details for 3798 In-61
- Lot size
- 11.00 lot acres
- Property type
- Land
Description
This exceptional 11-acre commercial parcel in Petersburg, Indiana, presents a remarkable investment opportunity. Located at 3798 IN-61, this property boasts 500 feet of road frontage and is ideally situated just 750 feet from the southbound Interstate 69 off-ramp, ensuring high visibility and accessibility. The daily traffic count on I-69 and Indiana 61/56 is a significant 13,038 vehicles. Zoned Commercial B-2, this land is divisible, offering flexibility for various development projects. The property is particularly well-suited for a convenience store, gas station, or hotel, given its prime location and high traffic volume. Utilities including sewer, electric, and water are readily available. Furthermore, the presence of a local power plant and several solar farms in the area guarantees a consistent flow of transient workers for at least the next six years, creating a strong potential customer base. The seller is offering flexible pricing: $250,000 for the front six acres and $125,000 for the remaining back five acres. APN: 63-02-35-100-048.000-011. This is a rare chance to acquire a strategically located commercial property with significant growth potential. Don't miss this opportunity.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Petersburg
- County
- Pike
- State
- Indiana
- Longitude
- -87.2676
- Latitude
- 38.4772
