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Property profile

0 27.82 +/- Acres Zoned Commercial On Us 231 Alamo, IN 47916

OFF-MARKET
Land
27.82 ac lot
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Property summary

AI-generated overview

This exceptional 27.82-acre commercial property presents a unique investment opportunity in Alamo, Indiana. Strategically located on the corner of US Highway 231 and County Road 900 N, this parcel boasts excellent road frontage and benefits from high daily traffic counts, ensuring significant visibility for any business. Currently zoned for Commercial Business use, the land offers versatility for a wide range of commercial enterprises, from agribusiness ventures to contractor operations. The property's existing tillable land provides potential for income generation, adding to its overall value. The parcel's APN is 02-17-300-015.000-016. Situated in Montgomery County, Indiana, with a zip code of 47916, this location offers easy access to Crawfordsville and surrounding areas. The asking price for this prime commercial land is $500,000. This is an exceptional opportunity to acquire a highly visible and versatile commercial property in a desirable location with significant development potential. Don't miss out on this chance to secure a valuable asset in a thriving area.

Property profile

Verified
Property type Land
Lot 27.82 ac (1,211,839 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

27.82 +/- Acres Zoned Commercial On Us 231 Alamo, IN 47916
Alamo metro
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Value estimations

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Owner & transaction history

Comparables

3 recent transactions · within 1.5 mi
Comparable in this city
3 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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