Current Use by Public Records
- Land
Property Details for 0 Coral St
- Property type
- Land
Description
This exceptional 1-acre commercial land parcel presents a unique investment opportunity in Salem. Ideally situated on a corner lot, this property boasts unparalleled visibility and accessibility, directly across from established businesses such as Taco Bell and Walmart, ensuring high traffic flow and significant brand exposure. The site's strategic location makes it perfect for a variety of commercial uses, particularly coffee shops or quick-service restaurants (QSRs) seeking a high-traffic location. The lease includes three contiguous parcels, offering flexibility in development and site planning. The property's zoning is designated as Commercial, simplifying the permitting process for suitable businesses. The combined parcels are identified by the following APNs: 88-24-16-221-005.000-022, 88-24-16-222-001.001-022, and 88-24-16-221-004.000-022. This is a single-tenant property, providing a clear and straightforward lease agreement. The cross street is Pearl. Don't miss this chance to secure a prime location in a thriving commercial area. Contact us today to learn more about this exceptional opportunity.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Salem
- County
- Hendricks
- State
- Indiana
- Longitude
- -86.084
- Latitude
- 38.6162
