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OFF-MARKET
Specialty properties

2490 Rainbow Dr Warsaw, IN 46582

96,703 SF 2.22 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Specialty properties
Total area 96,703 SF
Lot 2.22 ac (96,703 SF)
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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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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