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2615 Tipton St Seymour, IN 47274

OFF-MARKET Land Google Maps
Estimated value
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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

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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