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    Land

    2615 Tipton St, Seymour, IN 47274

    Property ID
    Property summary
    AI-generated overview

    This exceptional 6.26-acre commercial land parcel presents a unique investment opportunity in Seymour, Indiana. Strategically located at the intersection of I-65 and Tipton Street, this property boasts unparalleled visibility and accessibility, making it ideal for a variety of commercial ventures. The site is zoned for commercial use, offering significant potential for development. However, prospective buyers should note that the property includes restrictions prohibiting uses that directly compete with convenience stores. This ensures a balanced and thriving commercial environment within the immediate vicinity. The seller is open to offers submitted via a Letter of Intent (LOI) form, which will be provided to qualified buyers. Interested parties are required to submit an LOI outlining terms that include the completion of a purchase agreement on the seller's provided Real Estate Sales Agreement. All offers must adhere to the specified submission process. The property's location at a major highway interchange guarantees high traffic volume and exposure, making it an attractive proposition for businesses seeking maximum visibility and convenient access for customers. This is a rare opportunity to acquire a significant commercial land parcel in a rapidly growing area. Detailed information regarding the submission process and the LOI form is available upon request. The property's address is 2615 E Tipton St, Seymour, IN 47274.

    Property profile
    Verified
    Property type Land
    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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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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