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    OFF-MARKET
    Land

    56 Hwy, French Lick, IN 47432

    2.27 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 2.27-acre parcel of vacant commercial land presents a remarkable opportunity for investors and developers. Strategically located on Highway 56 in French Lick, Indiana, this property boasts prime highway frontage, ensuring high visibility and accessibility. The land is zoned Commercial, opening up a wide range of development possibilities. Imagine a thriving quick-service restaurant, a convenient office building, or another commercial venture capitalizing on the high traffic count and desirable location. The 47432 zip code offers a strong local market, and the 2.27 acres provide ample space for a substantial project. This property is ready for immediate development, eliminating lengthy permitting processes and allowing for a swift return on investment. With its excellent location and commercial zoning, this land represents a rare opportunity to establish a successful business in a vibrant community. Serious inquiries are encouraged to explore the potential of this exceptional property and its significant development potential. The property is located in Orange County, Indiana, and offers easy access to local amenities and transportation routes. This is a turnkey opportunity for those seeking a prime location for their next commercial venture.

    Property profile
    Verified
    Property type Land
    Lot 2.27 ac (98,881 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
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    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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