7Th St Auburn, IN 46706
- Land
- 2.14 lot acres
Current Use by Public Records
- Land
Property Details for 0 7Th St
- Lot size
- 2.14 lot acres
- Property type
- Land
Description
This exceptional 2.14-acre commercial lot, part of the Seven 15 Development in Auburn, Indiana, presents a unique investment opportunity. Ideally situated off State Road 8 (W. Seventh Street), less than half a mile from Interstate 69, this property boasts unparalleled visibility and accessibility. With an average daily traffic count exceeding 23,000 on SR 8, and an upcoming SR 8 median project poised to further increase traffic flow, this location is primed for success. The site benefits from completed infrastructure, including streets, curbs, depressed curb cuts, on-street parking, water, sewer, and site drainage – eliminating costly upfront development expenses. Zoned Planned Unit Development (PUD), allowing for Commercial, Multi-Family Residential, and Mixed-Use developments, this lot offers flexibility for a wide range of projects. The PUD zoning incorporates reduced setbacks and relaxed parking standards, fostering a pedestrian-friendly environment while maintaining connectivity to existing developments. The seller is finalizing secondary plat approval, ensuring a smooth transition to construction. Connectivity to W. Fifteenth Street and Touring Drive provides additional access points and enhances the property's overall appeal. This is a truly exceptional opportunity to capitalize on a high-traffic location with all the necessary infrastructure already in place. The asking price is $1,325,000.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Auburn
- County
- DeKalb
- State
- Indiana
- Longitude
- -85.0696
- Latitude
- 41.3667
