Hillcrest Way Bedford, IN 47421
- Commercial real estate
- 2.31 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for Hillcrest Way
- Year built
- 2005
- Lot size
- 2.31 lot acres
- Property type
- Commercial real estate
Description
This exceptional 2.31-acre commercial property in Bedford, Indiana, presents a compelling investment opportunity. Located in a rapidly developing area between Bloomington and Bedford, in Judah, this site boasts over 19,000 square feet of potential commercial space. Its strategic location offers unparalleled access, being less than a quarter-mile from Highway 37, ensuring high visibility and convenient access for customers and employees. The property includes a large, paved parking lot, accommodating ample vehicle parking. The current asking price is $895,000, significantly below the projected market value of $2,660,000 once fully developed and occupied. This presents a substantial return on investment potential. The expansive lot allows for multiple revenue streams, making it ideal for a variety of commercial ventures. Furthermore, the owner is offering a build-to-suit option, providing flexibility and customization to meet specific business needs. Detailed documentation outlining potential build-out plans is available upon request, allowing prospective buyers to thoroughly assess the development possibilities. This is a rare opportunity to acquire a prime commercial property in a thriving location with significant upside potential. Don't miss out on this chance to secure a valuable asset in a high-growth market.
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
- Bedford
- County
- Lawrence
- State
- Indiana
- Longitude
- -86.55
- Latitude
- 38.9655