0 Highways 27 & 33 Decatur, IN 46733
This exceptional 34.2-acre commercial and industrial land parcel presents a compelling investment opportunity in Decatur, Indiana. Strategically located at the northeast quadrant of US Highways 27 & 33, this property boasts significant frontage: 640 feet on US Highway 27 and 1,131 feet on US Highway 33. The high-traffic intersection sees 25,000 vehicles daily, ensuring maximum visibility for any development. Zoned I2/General Industrial, the site is ideally suited for a variety of uses, including gas stations, convenience stores, or truck-related businesses. Its divisibility allows for flexible development options to suit diverse commercial ventures. The property's assessed parcel number (APN) is 01-05-10-300-002.000-021. Priced at $1,197,000, or $35,000 per acre, this represents a strong value proposition in the thriving Adams County area. The property's location in the Out of Allen County area offers excellent access to transportation networks and a growing market. This is a rare opportunity to acquire a large, well-positioned industrial site with significant development potential.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.