Us 6 Hwy, Kendallville, IN 46755
This exceptional 1.84-acre commercial parcel presents a unique investment opportunity in Kendallville, Indiana. Strategically located directly on US Highway 6, this property boasts an impressive 200 feet of road frontage, ensuring high visibility and accessibility. The I-1 zoning designation permits light industrial uses, opening doors to a variety of development possibilities. Detailed documentation outlining proposed uses and any necessary exceptions is readily available for review. Included in the sale are plans from Leatherman Construction for the development of storage units, offering a potential turnkey solution for investors. The property's current access point, highlighted in the second photograph, is negotiable as part of the sale. Alternatively, direct ingress and egress from US Highway 6 can be established through the state, providing flexibility in site planning and development. This prime location, combined with its versatile zoning and readily available development plans, makes this property an exceptional opportunity for both immediate development and long-term investment growth in a thriving Indiana market. The asking price for this exceptional commercial land is $340,000.
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
Similar Nearby for Sale
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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.