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    508 Ridgeview Trl, Avilla, IN 46710

    0.38 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 0.38-acre commercial lot presents a rare opportunity in the desirable Meadows of Eley Creek development in Avilla, Indiana. Located at 508 Ridgeview Trail, this property (Lot #22) is one of only four remaining lots in this established community, offering a unique chance to build your dream commercial structure. The location boasts convenient access, situated just 15 minutes from Fort Wayne, providing excellent visibility and accessibility for any business. The existing development showcases the high quality of construction in the area, with twenty-two of the twenty-six lots already developed by reputable local builders. This particular lot is ideally suited for a walk-out basement, maximizing usable space and adding significant value to the future construction. Three additional lots (#6, #21, and #26) are also available for purchase. This is an exceptional opportunity to secure a prime commercial building site in a thriving community. The asking price for this 0.38-acre lot is $34,500. Don't miss this chance to establish your business in a highly sought-after location. The property is zoned for commercial use and is ready for immediate development. Contact us today to learn more about this incredible opportunity.

    Property profile
    Verified
    Property type Specialty properties
    Lot 0.38 ac (16,553 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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