Property profile

0 Us 6 Hwy Kendallville, IN 46755

OFF-MARKET
Specialty properties
1 SF 1.84 ac lot
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Property summary

AI-generated overview

This exceptional 1.84-acre commercial land parcel presents a prime investment opportunity in Kendallville, Indiana. Strategically located directly on US Highway 6, this I-1 zoned property boasts an impressive 200 feet of road frontage, ensuring high visibility and accessibility. The property's zoning permits light industrial uses, making it ideal for a variety of development projects. Detailed documents outlining proposed uses and any necessary exceptions are readily available for review. A compelling option for potential buyers includes pre-existing plans for storage units, developed by Leatherman Construction. These plans can be seamlessly integrated into the acquisition. While the current access point, highlighted in yellow on the second photograph, is negotiable as part of the sale, the possibility of establishing direct ingress and egress from US Highway 6 via state approval also exists. This versatile property offers significant potential for growth and return on investment, making it an attractive proposition for discerning buyers seeking a strategic location and development flexibility. The asking price for this exceptional opportunity is $342,500.

Property profile

Verified
Property type Specialty properties
Total area 1 SF
Lot 1.84 ac (80,150 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Us 6 Hwy Kendallville, IN 46755
Kendallville metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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