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Property profile & analytics
OFF-MARKET
Commercial real estate

Bluelick Rd Unit Lot Memphis, IN 47143

1.3 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 1.3-acre commercial lot presents a unique investment opportunity in Memphis, Indiana. Strategically located off a busy commercial and residential thoroughfare, this property boasts unparalleled visibility and accessibility. Its prime position offers immediate access to Interstate 65, a major transportation artery ensuring high traffic volume and excellent exposure for any business. The lot is ideally suited for a wide range of commercial developments, providing significant potential for growth and return on investment. The property is available for sale or ground lease, offering flexibility to suit various business needs and financial strategies. This is a rare chance to acquire a substantial piece of land in a thriving location with excellent connectivity. The high traffic count of the surrounding area guarantees significant exposure for any business established on this lot. Given its size and location, this property is suitable for a variety of commercial ventures, from retail establishments to light industrial uses. The immediate proximity to I-65 provides easy access for both employees and customers, making it an attractive location for businesses seeking convenient transportation links. Serious inquiries are encouraged to explore the possibilities this exceptional property offers. The seller is open to discussing both outright purchase and ground lease options, making this a versatile opportunity for a range of investors and developers. Don't miss this chance to secure a prime commercial location in a rapidly growing area.

Property profile
Verified
Property type Commercial real estate
Lot 1.3 ac (56,628 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
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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