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Property profile & analytics
OFF-MARKET
Land

300 Indiana Ave Alexandria, IN 46001

15.68 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 15.68-acre industrial land parcel presents a unique investment opportunity in Alexandria, Indiana. Located at 300 Indiana Ave, 46001, the property is zoned I-1, offering significant flexibility for various industrial uses. A key advantage is its strategic location on a Norfolk Southern Rail spur, providing convenient and cost-effective transportation options. The site currently features distressed structures requiring demolition, presenting a clean slate for development. Buyers should factor demolition costs into their acquisition strategy. The property's substantial acreage allows for ample space for building expansion or the construction of multiple structures. Given its size, zoning, and rail access, this property is well-suited for a range of industrial projects, from warehousing and distribution to manufacturing and light industrial operations. Its location in Madison County, Indiana, offers access to a skilled workforce and established infrastructure. The asking price is $195,000. Detailed site surveys and environmental assessments are recommended prior to purchase. This is a prime opportunity to acquire a large, well-located industrial site with significant development potential. Serious inquiries only.

Property profile
Verified
Property type Land
Lot 15.68 ac (683,021 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
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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