9.75 +/- Acres In Southern Indiana Mitchell, IN 47446
- Land
- 9.75 lot acres
Current Use by Public Records
- Land
Property Details for 0 9.75 +/- Acres In Southern Indiana
- Lot size
- 9.75 lot acres
- Property type
- Land
Description
This exceptional 9.75-acre commercial land parcel presents a unique investment opportunity in Mitchell, Indiana. Strategically located at the intersection of State Road 37 and State Road 60 (east), this property boasts unparalleled visibility and convenient access from County Road 950 South (Woods Lane). Its prime frontage along State Road 37 ensures high traffic exposure, further enhanced by its adjacency to established businesses such as McDonald's, Wendy's, Arby's, and Chicago's Pizza. The property's location at a traffic light intersection maximizes visibility and accessibility. The absence of gas stations on the west side of State Road 37 southbound, from just south of Bedford to Orleans, presents a compelling opportunity for a truck stop or similar development. This expansive lot offers multiple access points and significant potential for a variety of commercial ventures. The property's size, location, and proximity to successful businesses make it an ideal site for entrepreneurs and investors seeking a high-impact commercial development. The asking price is $549,000, and the parcel number is 47-14-02-101-020.000-005. This is a rare opportunity to acquire a highly visible and strategically located commercial property in a thriving area of Southern Indiana.
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
- Mitchell
- County
- Lawrence
- State
- Indiana
- Longitude
- -86.5199
- Latitude
- 38.748
