I-69 Rd Gas City, IN 46933
This exceptional development opportunity presents multiple lots ranging from 1.54 to 4.32 acres, strategically located at the high-traffic intersection of I-69 and US 35 in Gas City, Indiana. The property is zoned A-1 (Industrial) and boasts excellent visibility, making it ideal for a variety of commercial uses, including retail, office, and hospitality. Currently, two medical office buildings are proposed for the site, complementing existing businesses. The lots are divisible, offering flexibility for developers. Lots 1, 4, and 5 are available, with Lot 1 encompassing 1.54 acres priced at $308,600, Lot 4 spanning 1.84 acres for $382,700, and Lot 5 comprising 2.48 acres listed at $511,000. The site benefits from convenient access to two major roadways, ensuring high daily traffic volume. All necessary utilities are readily available on-site. This location is part of the main retail corridor at the Gas City and I-69 interchange, surrounded by established national retailers such as Starbucks, Hardee's, Taco Bell, and a Holiday Inn Express, providing a strong foundation for future development and ensuring high consumer traffic. The property's strategic location and diverse development potential make it a compelling investment opportunity. The Grant County APN is 27-08-31-300-020.000-037.
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
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Risks
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