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Property profile & analytics
OFF-MARKET
Land

1011 Main St Cloverdale, IN 46120

1.24 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 1.24 ac (54,014 SF)
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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