Property profile

7th St & Touring Dr Auburn, IN 46706

OFF-MARKET
Land
2 ac lot
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Property summary

AI-generated overview

This exceptional investment opportunity presents three remaining lots of prime industrial land within the Duesenberg Centre in Auburn, Indiana. These lots, totaling between 2 and 8.77 acres, are zoned I-1 and offer a compelling combination of location and accessibility. The land is priced between $3 and $5 per square foot, with an asking price of $1,789,360. Situated adjacent to a Walmart and in a rapidly growing commercial area, this property benefits from exceptional highway visibility due to its proximity to the intersection of I-69 and SR 8. The site enjoys easy access from the interchange via Touring Drive and Ley Drive, ensuring high traffic flow and excellent exposure. With a daily traffic count of 23,867 vehicles, this location provides unparalleled visibility and accessibility for any commercial development. The property's APN is 17-05-36-200-031.000-012. This is a rare chance to acquire land in a thriving commercial area with significant development potential. Don't miss this opportunity to secure a strategic location for your next project. The property is located at 7th Street & Touring Drive, Auburn, IN 46706.

Property profile

Verified
Property type Land
Lot 2 ac (87,120 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

7th St & Touring Dr Auburn, IN 46706
Auburn metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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