Rochester, IN 46975
This 1.16-acre commercial land parcel, located at W 18th Street in Rochester, Indiana (APN 25-07-93-201-001.000-009), presents a unique investment opportunity. Previously occupied by a Burger King, the property is situated within the Rochester Plaza Strip Mall, benefiting from high visibility and excellent traffic counts. Its strategic location offers easy access to US 31, State Highways 14 and 25, placing it in close proximity to a variety of amenities including restaurants, banks, gas stations, additional retail establishments, a Walmart, and hotels. The property boasts city water and sewer access, simplifying development plans. The seller is open to a build-to-suit arrangement, offering flexibility for potential buyers seeking a customized solution. This prime location, with its high traffic volume and proximity to major roadways and commercial centers, makes this parcel an exceptional opportunity for investors and developers alike. The asking price for this exceptional property is $285,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.