Auburn IN 7Th St Auburn, IN 46706
This 1.06-acre commercial lot, part of the Seven 15 Development in Auburn, Indiana, is ideally situated less than half a mile from Interstate 69, offering exceptional visibility and accessibility. Located on West Seventh Street (SR 8), it benefits from over 23,000 average daily traffic counts, further enhanced by an upcoming SR 8 median project. The property is zoned Planned Unit Development (PUD), permitting commercial, multi-family, office, and mixed-use developments. Infrastructure is complete, including streets, curbs, depressed curb cuts, on-street parking, water, sewer, and site drainage. Reduced setbacks and relaxed parking standards create a pedestrian-friendly environment. Connectivity to West Fifteenth Street and Touring Drive provides additional access. The asking price is $650,000. Secondary plat approval is pending, finalizing the 1.06-acre lot. This turnkey opportunity presents a unique chance to capitalize on a high-traffic location with complete infrastructure and flexible zoning.
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
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Property description
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No recorded transactions found for this property.
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Risks
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