16440 Wicker Ave Lowell, IN 46356
- Land
- 10.00 lot acres
Current Use by Public Records
- Land
Property Details for 16440 Wicker Ave
- Lot size
- 10.00 lot acres
- Property type
- Land
- Property subtype
- Farms
Description
This exceptional 10-acre property in Lowell, Indiana, presents a unique investment opportunity. Located at 16440 Wicker Avenue, this land boasts over 600 feet of frontage on Route 41, offering significant visibility and accessibility. The flat terrain is complemented by several existing outbuildings equipped with electrical service, providing immediate utility. Currently zoned B3, the property is ideally suited for a variety of uses, including indoor/outdoor storage, vehicle and/or truck parking. The significant potential extends beyond these uses, making it adaptable to a range of commercial ventures. Adding to its appeal, a billboard situated on the property generates a consistent annual income of $2,500, with annual increases built into the contract. This income stream provides a valuable return on investment. The property's location in Lake County, Indiana, with a zip code of 46356, offers easy access to major transportation routes and local amenities. An additional 6.5 acres are available for purchase, presenting an opportunity to expand the property's footprint and potential. This versatile property is a rare find, combining agricultural, recreational, and commercial possibilities in one attractive package.
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
- Lowell
- County
- Lake
- State
- Indiana
- Longitude
- -87.4706
- Latitude
- 41.32
