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    OFF-MARKET
    Commercial real estate

    Bluelick Rd Unit Lot, Memphis, IN 47143

    2.58 ac lot
    Property ID
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Commercial real estate
    Lot 2.58 ac (112,385 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
    AI Approach AI
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    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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