114 St Rd Rensselaer, IN 47978
- Commercial real estate
- 1.00 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 114 St Rd
- Lot size
- 1.00 lot acres
- Property type
- Commercial real estate
Description
This exceptional 1-acre commercial vacant lot is situated at the high-traffic intersection of I-65 and State Road 114 in Rensselaer, Indiana (zip code 47978), offering unparalleled visibility and accessibility. Zoned B-2 Commercial, it boasts city water, electric, and sewage access. Its strategic location provides easy access to major highways and nearby cities, including Merrillville (37 minutes away) and Lafayette (43 minutes away). The high daily traffic volume of approximately 150,000 vehicles on the nearby interstate presents a significant opportunity for billboard advertising revenue, adding a lucrative income stream. This property is ideal for a variety of businesses, from retail outlets and restaurants to service centers and convenience stores. The lot's high visibility and convenient location ensure maximum exposure for any commercial venture. This is a rare opportunity to acquire a prime commercial lot with significant billboard income potential at a major interstate intersection. Don't miss this chance to capitalize on this exceptional real estate offering in a growing Indiana market.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Rensselaer
- County
- Jasper
- State
- Indiana
- Longitude
- -87.2194
- Latitude
- 40.9423
