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Property profile & analytics
OFF-MARKET
Land

1490 In-205 Columbia City, IN 46725

19.3 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 19.3-acre commercial land parcel presents a unique investment opportunity in Columbia City, Indiana. Strategically located at the highly visible corner of US 30 and SR 205, this property boasts excellent visibility and accessibility. The site comprises three parcels, with 5.07 acres zoned GB (General Business) and 14.18 acres zoned A-1 (Agricultural), offering flexibility for a variety of development options. The property enjoys a prime location, bordering Faith Christian Academy and Eagle Glen Golf Club, and sits directly across from Parkview Whitley Hospital, accessible via a signalized intersection. Nearby amenities include the Peabody Public Library, Whitley County Family YMCA, and Morsches Park, enhancing the area's appeal. High traffic counts exceeding 24,000 vehicles per day on US 30 and over 6,000 vehicles per day on SR 205 ensure significant exposure for any development. The property's proximity to Interstate 69 (15.4 miles via US 30/Goshen Road in Fort Wayne) further enhances its regional connectivity. The asking price for this exceptional commercial land is $1,722,000, translating to $89,454 per acre. The APN numbers are 92-06-12-000-102.000-004, 92-06-12-701-002.000-004, and 92-06-12-701-003.000-004. This is an ideal location for businesses seeking high visibility and convenient access to a thriving community.

Property profile
Verified
Property type Land
Lot 19.3 ac (840,708 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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