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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

65957 In-19 Wakarusa, IN 46573

2.71 ac lot
Property ID
Property summary
AI-generated overview

This exceptional commercial property presents a rare development opportunity in Wakarusa, Indiana. Located at 65957 IN-19, this 2.71-acre site boasts a prime corner location at the intersection of State Road 19 and Waterford Street, offering approximately 408 feet of frontage on State Road 19. The property includes three parcels of land, all zoned B-3, and must be purchased together. The asking price of $975,000 encompasses all three parcels. This high-visibility location benefits from a signaled intersection and is directly across the street from a BP gas station and McDonald's restaurant. Established businesses such as Horizon Transport and Dollar General are also nearby, indicating a strong commercial presence in the area. The property's versatility allows for a variety of retail uses, including convenience stores, gas stations, and restaurants, making it an ideal investment for developers seeking a high-traffic location with significant development potential. The two existing buildings on the property offer additional possibilities for redevelopment or repurposing. This is a unique opportunity to acquire a substantial commercial parcel in a thriving location.

Property profile
Verified
Property type Retail properties & Spaces
Lot 2.71 ac (118,048 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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Comparable Approach Comparable
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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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