US-24 & Eel Riv Rd Peru, IN 46970
- Retail properties
Current Use by Public Records
- Retail properties
Property Details for US-24 & Eel Riv Rd
- Property type
- Retail properties
- Property subtype
- Land
Description
This exceptional 22.055-acre commercial land parcel presents a unique investment opportunity in Peru, Indiana. Strategically located at the southeast corner of US-24 and Eel River Road, this property boasts unparalleled visibility and accessibility at the US-31 and US-24 interchange. The B-3 Commercial zoning allows for a wide range of development options, including a truck stop, gas station, convenience store, quick-serve restaurant, and pharmacy. The single-tenant configuration offers flexibility for a build-to-suit lease, catering to the specific needs of a prospective tenant. This prime location within Miami County, Indiana, offers significant potential for high traffic volume and strong returns. The property's size and zoning provide ample space for a large-scale development, making it an ideal location for businesses seeking high visibility and convenient access to major transportation routes. The 46970 zip code ensures easy access to local amenities and a strong workforce. This is a rare opportunity to acquire a substantial tract of land in a high-growth area with significant development potential. The property is ready for immediate development, offering a blank canvas for a visionary project. This location is perfect for businesses seeking to capitalize on the high traffic count and strategic location.
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
- Peru
- County
- Miami
- State
- Indiana
- Longitude
- -86.1193
- Latitude
- 40.7727
