4175 Us 31 Peru, IN 46970
- Commercial real estate
- 12.15 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 4175 Us 31
- Year built
- 1960
- Lot size
- 12.15 lot acres
- Property type
- Commercial real estate
Description
This exceptional investment opportunity encompasses over 12 acres of land in Peru, Indiana, presenting a versatile commercial property with significant potential. The property boasts a substantial 2400 square foot pole barn, ideal for storage, workshops, or various commercial uses. Twelve full hook-up RV sites are already established, each equipped with its own individual electric account through Peru Utilities, providing immediate income potential. Adding to the property's value is an 840 square foot house, featuring a newer roof, perfect for on-site management or rental income. A single well and septic system efficiently service the entire property, minimizing operational complexities. The expansive acreage offers ample room for expansion, future development, or simply enjoying the considerable space. This property is uniquely positioned for a variety of commercial ventures, from RV park expansion to storage solutions, or even a combination of uses. The existing infrastructure significantly reduces start-up costs and allows for immediate revenue generation. This is a rare opportunity to acquire a substantial commercial property with diverse income streams and significant growth potential in a desirable location. The combination of land, buildings, and established RV sites makes this a truly unique and attractive investment.
Value Estimations
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Peru
- County
- Miami
- State
- Indiana
- Longitude
- -86.1262
- Latitude
- 40.7046