Property profile

00 I-69 & Crk 11A Rd Garrett, IN 46706

OFF-MARKET
Land
5 ac lot
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Property summary

AI-generated overview

This exceptional 5-acre commercial land parcel, identified as Parcel D, presents a remarkable investment opportunity in DeKalb County, Indiana. Strategically located near the intersection of I-69 and CR 11A Road in Auburn, IN 46706, this property boasts unparalleled access to major transportation arteries, ensuring high visibility and convenient access for businesses. The lot features irregular dimensions and offers the advantage of city water and sewer services, eliminating the need for costly infrastructure development. While the year 1801 is noted, it's unclear if this relates to the land itself or an unrelated structure. The property is suitable for a wide range of commercial ventures, benefiting from its proximity to the interstate. Additional land may be available for expansion, providing flexibility for larger-scale projects. Private parking is implied given the nature of the property. This is a rare opportunity to acquire a sizable commercial lot in a high-demand location. The asking price is $1,307,000. Don't miss this chance to secure a prime piece of commercial real estate in a thriving area.

Property profile

Verified
Property type Land
Lot 5 ac (217,800 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

00 I-69 & Crk 11A Rd Garrett, IN 46706
Garrett metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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