Crandall Lanesville Rd Lanesville, IN 47136
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.
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.