Bluelick Rd Unit Lot Memphis, IN 47143
This exceptional 1.15-acre commercial lot presents a unique investment opportunity in Memphis, Indiana. Strategically located off a major thoroughfare experiencing high volumes of both commercial and residential traffic, this property offers unparalleled visibility and accessibility. Its prime position provides immediate access to Interstate 65, a key transportation artery ensuring excellent connectivity for businesses and easy commutes for employees and customers. The lot is ideally suited for a wide range of commercial developments, capitalizing on the strong existing traffic flow and the potential for significant growth in the area. The property is available for sale or ground lease, offering flexibility to suit diverse investment strategies and development plans. This is a rare chance to acquire a substantial commercial parcel in a high-demand location with excellent infrastructure and accessibility. The property's size and location make it an attractive proposition for businesses seeking a prominent presence in a thriving community. Serious inquiries are encouraged to explore the possibilities this exceptional property offers. Detailed site plans and zoning information are available upon request. Don't miss this opportunity to secure a prime piece of commercial real estate in a rapidly developing area. The seller is motivated and open to reasonable offers.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.