2490 Rainbow Dr Warsaw, IN 46582
This exceptional 2.22-acre commercial land parcel in Warsaw, Indiana, presents a unique investment opportunity. Boasting a substantial 96,703 square feet of space, the property is ideally suited for a variety of commercial ventures. Currently envisioned as a luxury condo development, the site offers pre-construction discounts for early buyers. The flexible zoning allows for customization, making it suitable for various uses. Imagine the possibilities: construct a building with multiple units, each equipped for bathroom installations, or create spacious loft areas. The property's design includes a 16-foot-wide door, perfect for RV storage or large equipment access. Located at 2490 N Rainbow Drive, Warsaw, IN 46582, this property offers significant potential for developers and investors seeking a prime location in Kosciusko County. Water and sewer capabilities are already in place, simplifying the development process and reducing upfront costs. The $5,000 pre-construction discount provides a compelling incentive for early commitment. Don't miss this chance to acquire a substantial commercial land parcel with significant upside potential in a thriving Indiana community. This is a rare opportunity to shape the future of a prime commercial location. Act quickly to secure this exceptional investment.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.