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Property profile & analytics

231/I-64 Hwy Dale, IN 47523

  • Land
  • 1.45 lot acres
Value Estimations
Cap Rate Potential
Location Intelligence

Current Use by Public Records

  • Land

Property Details for 231/I-64 Hwy

Lot size
1.45 lot acres
Property type
Land

Description

This exceptional commercial land offering presents a unique investment opportunity in Dale, Indiana. Located on both the old and new Highway 231, near the I-64 interchange, this property boasts high visibility and accessibility. The lot size ranges from 1.45 to 8.24 acres, providing flexibility for various development projects. The property is zoned Highway Business, ensuring a wide range of permitted uses. All utilities are readily available, simplifying the development process. This is the first limited-access location south of I-64, offering unparalleled exposure to a significant volume of daily traffic. Phase 1 of the development is already complete, with established businesses such as Wendy's and Denny's already operating successfully. The remaining land is available for purchase and can be subdivided to accommodate individual needs and project scopes, making it ideal for both large-scale and smaller commercial ventures. This prime location, coupled with its zoning and existing infrastructure, makes this a highly desirable property for investors seeking strong returns and significant development potential. The property's strategic positioning near the I-64 interchange ensures easy access for customers and employees alike. Don't miss this chance to secure a piece of this thriving commercial corridor.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

  • CAP approach

  • Comparable approach

  • Alternative Use


Location Insight

  • Map
  • Local Demand
City
Dale
County
Spencer
State
Indiana
Longitude
-86.9919
Latitude
38.18
More about this property
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