Bluelick Rd Unit Lot, Memphis, IN 47143
This exceptional 2.58-acre commercial lot presents a remarkable investment opportunity in Memphis, Indiana. Strategically located off a major thoroughfare experiencing high volumes of both commercial and residential traffic, this property offers unparalleled visibility and accessibility. Its prime position provides immediate access to Interstate 65, a crucial artery connecting numerous communities and businesses. This translates to significant exposure for any development, ensuring high potential for attracting customers and clients. The property is available for sale or ground lease, providing flexibility for various development plans. The expansive acreage allows for a wide range of possibilities, from the construction of a large-scale retail center or industrial facility to the development of smaller commercial buildings or a mixed-use project. Given its location and accessibility, this lot is ideally suited for businesses seeking high visibility and convenient access to major transportation routes. The high traffic volume ensures a constant flow of potential customers, making this a highly desirable location for a variety of commercial ventures. Serious inquiries are encouraged to explore the possibilities this exceptional property offers. The asking price is $1,400,000. Contact us today to learn more about this unique opportunity. The property is identified as Bluelick Rd Unit Lot #B.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.