0 27.82 +/- Acres Zoned Commercial On Us 231 Alamo, IN 47916
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
3 recent transactions · within 1.5 miComparable in this City
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.