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OFF-MARKET
Specialty properties

0 Us 6 Hwy Kendallville, IN 46755

1 SF 1.84 ac lot
Property ID
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
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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Comparable Approach Comparable
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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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