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    OFF-MARKET
    Commercial real estate

    Us 6 Hwy, Kendallville, IN 46755

    1.84 ac lot Built 1801
    Property ID
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Commercial real estate
    Year built 1801
    Lot 1.84 ac (80,150 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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    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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