0 Executive Park Dr Yorktown, IN 47396
This exceptional 6.59-acre commercial land parcel is strategically located in Yorktown, Indiana, at the gateway to Ball State University, Muncie, and Yorktown itself. Situated immediately east of the I-69 exit to State Road 332, this property boasts an excellent, highly visible location ideal for a variety of commercial developments. Specifically, it presents a strong opportunity for hotels, motels, quick-service restaurants (QSRs), and hospitals. The site is fully serviced, featuring readily available water, sewer, electricity, and all necessary communication lines. The property is ready for immediate development. Note that gas stations, convenience stores, liquor stores, and truck stops are restricted on this site. The owner is open to build-to-suit (BTS) arrangements or ground leases, and will subdivide the parcel to accommodate specific development needs. This is a rare opportunity to acquire a well-located, fully-serviced commercial land parcel in a rapidly growing area of Indiana. The asking price for this exceptional property is $3,295,000.
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
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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.