1535 Lancer St Peru, IN 46970
- Land
- 29.00 lot acres
Current Use by Public Records
- Land
Property Details for 1535 Lancer St
- Lot size
- 29.00 lot acres
- Property type
- Land
Description
This exceptional 29-acre commercial land parcel presents a unique investment opportunity in Peru, Indiana. Strategically located near Grissom Aeroplex, this property boasts convenient access to the airport runway, offering significant logistical advantages for businesses requiring air transportation. The expansive acreage provides ample space for a wide range of commercial developments. Its location within a Federal Opportunity Zone, coupled with the availability of New Markets Tax Credits, the Hubzone Program, and its position within a Tax Increment Financing (TIF) District, creates a compelling financial incentive for prospective buyers. The property's zoning and permitted uses should be independently verified. This prime location offers excellent visibility and accessibility, making it an ideal site for businesses seeking a strategic advantage in a thriving area. The property's address is 1535 N Lancer St, Peru, IN 46970, situated in Miami County. Detailed site surveys and environmental assessments are recommended prior to any development plans. This is a rare opportunity to acquire a substantial commercial land parcel with significant economic development incentives in a well-connected location. Further due diligence is encouraged to fully explore the potential of this exceptional property.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Peru
- County
- Miami
- State
- Indiana
- Longitude
- -86.1439
- Latitude
- 40.6681
