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Property profile & analytics
OFF-MARKET
Land

3798 In-61 Petersburg, IN 47567

11 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 11 ac (479,160 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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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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