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Property profile & analytics
OFF-MARKET
Land

00 I-69 & Crk 11A Rd Garrett, IN 46706

1.37 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 1.37 ac (59,677 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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