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    OFF-MARKET
    Commercial real estate

    Bluelick Rd Unit Lot, Memphis, IN 47143

    1.16 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 1.16-acre commercial lot presents a remarkable opportunity for development in a high-traffic area of Memphis, Indiana. Strategically located off a major commercial and residential thoroughfare, this property boasts unparalleled visibility and accessibility. Its prime location offers immediate access to Interstate 65, ensuring convenient access for both employees and customers. The lot is ideally suited for a wide range of commercial ventures, from retail establishments and restaurants to light industrial uses. The seller is open to both outright sale and ground lease options, providing flexibility for potential buyers or lessees. This presents a unique chance to establish a strong presence in a thriving market. The property's size and location make it an attractive investment for businesses seeking high visibility and convenient access to a major transportation artery. Given the high traffic volume of the surrounding area, this lot offers significant potential for substantial return on investment. Serious inquiries are encouraged to explore the possibilities of this exceptional commercial property. The property is ready for immediate development, offering a streamlined path to establishing your business in a prime location. Don't miss this opportunity to secure a valuable piece of commercial real estate in a rapidly growing area. Contact us today to learn more about this exceptional offering.

    Property profile
    Verified
    Property type Commercial real estate
    Lot 1.16 ac (50,530 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
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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