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Property profile & analytics
OFF-MARKET
Land

0 Sec Of Us-31 & Us-24 Peru, IN 46970

Property ID
Property summary
AI-generated overview

This exceptional 7.76-acre commercial/industrial land parcel is strategically located at the southeast corner of the high-traffic intersection of US-31 and US-24 in Peru, Indiana. The property boasts a B-3 Commercial zoning designation, opening up a wide array of development opportunities. Ideal for a variety of uses, including but not limited to, truck stops, gas stations, and convenience stores, this site presents a rare chance to capitalize on a prime location with significant daily traffic volume. The single-tenant zoning allows for a cohesive and efficient development plan. Situated in Miami County, Indiana, with a zip code of 46970, this property offers unparalleled access to major transportation arteries, ensuring high visibility and convenient access for customers and employees. The expansive lot size provides ample space for large-scale development projects, while the strategic location guarantees significant return on investment. This is a unique opportunity to acquire a highly desirable commercial property in a thriving area. The property's location at a major highway interchange ensures maximum exposure and accessibility, making it an attractive proposition for businesses seeking high visibility and convenient access. Serious inquiries are encouraged to explore the full potential of this exceptional development opportunity.

Property profile
Verified
Property type Land
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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