In-114 Rensselaer, IN 47978
- Land
- 1.00 lot acres
Current Use by Public Records
- Land
Property Details for 0 In-114
- Lot size
- 1.00 lot acres
- Property type
- Land
Description
This exceptional 1-acre commercial lot is situated at the high-traffic intersection of I-65 and State Road 114 in Rensselaer, Indiana, boasting B-2 commercial zoning. The property offers unparalleled access to city water, electric, and sewage services, making it ideal for a wide range of commercial ventures. Its strategic location provides high visibility and accessibility, benefiting from the daily traffic flow of approximately 150,000 vehicles on the nearby interstate. This presents a significant opportunity for billboard advertising revenue, adding a lucrative income stream to the investment. The lot is conveniently located just 37 minutes from Merrillville, IN, and 43 minutes from Lafayette, IN, offering easy access to major cities and their associated commercial activities. Whether you envision a retail space, restaurant, service center, or convenience store, this property provides a blank canvas for your business development. The high traffic volume ensures maximum exposure and customer reach. This rare opportunity combines prime location with significant billboard income potential, making it an exceptional investment in a thriving Indiana market. The asking price is $159,900. Don't miss this chance to secure this valuable commercial property.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Rensselaer
- County
- Jasper
- State
- Indiana
- Longitude
- -87.2195
- Latitude
- 40.9423
