3969 Co Rd Chesterfield, IN 46017
This exceptional 18.4-acre commercial development site presents a unique investment opportunity in Chesterfield, Indiana. Strategically located at the southwest corner of Old SR 67 and Water Street (400E), this property boasts unparalleled visibility and accessibility, situated just 1.5 miles west of I-69 Exit 234, ensuring high traffic volume and convenient access for businesses and customers. The land is zoned for both commercial and agricultural use, offering flexibility for a wide range of development projects. While the property is divisible, it's important to note that a portion is excluded from the sale: The Jazzi's garden center building and its associated parking lot are not included in this offering. Utilities are readily available in the immediate vicinity, simplifying the development process and reducing infrastructure costs. The property's expansive size allows for significant development potential, making it ideal for a variety of commercial ventures. With its prime location, flexible zoning, and readily available utilities, this property represents a compelling investment opportunity for developers seeking a high-impact location near a major interstate highway. The APN numbers for this property are 48-12-15-100-009.000-033 and 481210400370000035. The asking price for this significant commercial land parcel is $850,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.