00 I-69 & Crk 11A Rd Garrett, IN 46706
This exceptional 1.37-acre commercial land parcel presents a unique investment opportunity in Dekalb County, Indiana. Strategically located at the intersection of I-69 and CR 11A Road, this property boasts unparalleled visibility and accessibility, making it ideal for a variety of commercial ventures. The lot features irregular dimensions and offers off-street parking. City water and sewer services are readily available, simplifying development and operational costs. The property is situated directly across the road from the renowned Auctions America auction house, benefiting from high traffic volume and brand recognition. Built in 1801, this land offers a rich history combined with modern infrastructure. This prime location, coupled with its convenient amenities and high visibility, makes this 1.37-acre parcel an exceptional investment opportunity for discerning buyers seeking a high-impact commercial presence. The property is designated as Parcel "B" on the provided plot plan. No subdivision is currently in place. This is a rare chance to acquire a highly visible commercial lot in a thriving area. The asking price is $480,000.
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
Similar Nearby for Lease
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.