Property profile

US-6 | Kendallville Kendallville, IN 46755

OFF-MARKET
Land
1.29 ac lot
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Property summary

AI-generated overview

This exceptional 1.29-acre commercial land parcel in Kendallville, Indiana, presents a compelling investment opportunity. Strategically located on US-6 West, this property boasts two convenient access points to West North Street, ensuring high visibility and accessibility for potential businesses. The I-1 zoning allows for a variety of commercial uses, making it ideal for a range of developments. With an average daily traffic count of 16,216 vehicles on US-6, this location offers unparalleled exposure to a large customer base. The property's proximity to over 1,758 residences within a one-mile radius further enhances its appeal, providing a substantial pool of potential customers. This high-traffic location is perfect for businesses seeking maximum visibility and accessibility, such as quick-serve restaurants or retail establishments. The property's size and zoning provide ample flexibility for development, making it an excellent investment for those seeking a prime commercial location in a thriving area. The address is US-6 West in Kendallville, Noble County, Indiana, zip code 46755. This is a rare opportunity to acquire a highly visible and versatile commercial property in a desirable location. The asking price is $700,000.

Property profile

Verified
Property type Land
Lot 1.29 ac (56,192 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 | Kendallville Kendallville, IN 46755
Kendallville metro
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Value estimations

Realmo proprietary · 4 methods
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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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