1011 Main St Cloverdale, IN 46120
This 1.24-acre commercial land parcel, designated Lot 2 of four available lots, presents a prime investment opportunity in Cloverdale, Indiana. Located south of Dwight D. Eisenhower Highway and boasting high visibility off North Main Street, this property offers excellent access to I-70 and US 231. The HS zoning permits a variety of commercial uses. Utilities are available on-site. The strategic location places the property near several high-traffic hotels and restaurants, ensuring significant exposure to potential customers. This parcel is situated behind the listed address of 1011 N Main St, Cloverdale, IN 46120. Three additional nearby parcels are also available for purchase, allowing for the possibility of acquiring a larger land assemblage. Individual lot sales or a package deal are both options. This property's combination of size, location, and accessibility makes it an ideal site for various commercial ventures. The asking price for this exceptional opportunity is $150,000.
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
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.