7Th St Auburn, IN 46706
- Land
- 3.23 lot acres
Current Use by Public Records
- Land
Property Details for 0 7Th St
- Lot size
- 3.23 lot acres
- Property type
- Land
Description
This exceptional 3.23-acre commercial lot, part of the Seven 15 Development in Auburn, Indiana, presents a unique investment opportunity. Ideally situated less than half a mile from Interstate 69 and boasting excellent visibility and access from State Road 8, this property benefits from an average daily traffic count exceeding 23,120 vehicles. An upcoming SR 8 median project is anticipated to further increase traffic flow through the development site, making this an ideal location for a future traffic signal. The lot is zoned Planned Unit Development (PUD) for Commercial, Multi-Family, Office, and Mixed Use, allowing for a wide range of development possibilities. The PUD zoning also features reduced setbacks and parking standards, promoting a pedestrian-friendly environment. All essential infrastructure is already in place, including streets, curbs, depressed curb cuts, on-street parking, water, sewer, and drainage systems. A secondary plat is pending final approval upon infrastructure completion. The property offers convenient connectivity to W Fifteenth Street and Touring Drive, enhancing its accessibility and appeal. This turnkey development site is ready for immediate construction, offering significant potential for investors and developers seeking a prime location in a thriving community. The asking price is $2,000,000.
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
- Auburn
- County
- DeKalb
- State
- Indiana
- Longitude
- -85.0747
- Latitude
- 41.3667
