Bluelick Rd Unit Lot, Memphis, IN 47143
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.
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.