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Property profile & analytics
FOR SALE
Industrial land

16000 Lima Rd Huntertown, IN 46748

2.24 ac lot
Individually Owned 5-yr Hold Absentee Owner Free & Clear
Property ID
US31-0108720
Property summary
AI-generated overview

This exceptional 97,836 square foot industrial land parcel is ideally situated in Huntertown, Indiana, at the northwest corner of Lima Road and Almon Street. Boasting excellent visibility and accessibility, the property offers 400 feet of frontage on Lima Road and 236 feet on Almon Street. Its flat, open terrain makes it suitable for a wide range of commercial developments. The property is zoned NC (Neighborhood Center), as detailed in the available Huntertown Zoning Ordinance, which is provided in the attached documents. An aerial view of the land is also included for your review. This location provides easy access to major transportation routes, making it an attractive option for businesses seeking a strategic location in Northwest Allen County. The asking price for this exceptional opportunity is $329,000. The property's size and zoning make it a versatile option for various industrial and commercial uses. Don't miss this chance to acquire a prime piece of land in a thriving area. Further details and supporting documents are available upon request.

Property profile
Verified
Property type Industrial land
Use group INDUSTRIAL - VACANT LAND
Lot 2.24 ac (97,574 SF)
APN 02-02-07-476-003.000-058
UPID US31-0108720
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
by Request
CAP Approach CAP
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Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Senad Keserovic · 5 yrs held
Senad Keserovic
since 2020
2 recorded transactions
2020
$90,000
2006
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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