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Property profile & analytics
OFF-MARKET
Commercial real estate

Crandall Lanesville Rd Lanesville, IN 47136

Property ID
Property summary
AI-generated overview

This exceptional 1100000 USD property presents a unique opportunity for residential development. Strategically located just half a mile from the I-64 interchange in Lanesville, Indiana, this land offers unparalleled accessibility and high visibility. The property's proximity to the interstate ensures convenient commutes for future residents, while the location itself provides a strong foundation for a thriving community. The lot size, while not specified in square footage, is ideal for a variety of residential projects, from single-family homes to multi-family dwellings. Given its prime location and the potential for significant development, this property represents a compelling investment opportunity for those seeking to capitalize on the growing residential market in the Lanesville area. The absence of specified square footage allows for flexible development plans, catering to diverse project scopes and architectural designs. This location offers a blend of convenience and tranquility, making it an attractive proposition for developers and future homeowners alike. Serious inquiries are encouraged to explore the full potential of this exceptional development opportunity. The asking price is 1,100,000 USD.

Property profile
Verified
Property type Commercial real estate
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
by Request
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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