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Property profile & analytics
OFF-MARKET
Commercial land

2130 National Ave Brazil, IN 47834-2831

2.53 ac lot
Individually Owned Free & Clear
Property ID
US31-2360177
Property summary
AI-generated overview

This exceptional commercial property in Brazil, Indiana offers a unique investment opportunity encompassing two parcels totaling 5.58 acres. The main asset is a 13,460 square foot freestanding building situated on 3.05 acres adjacent to a Walmart. Previously an Aldi's grocery store, the building retains its refrigeration units and currently houses a successful Mexican restaurant in its front section. The brick building features a receiving dock and a fully paved, lighted parking lot with convenient access from US Highway 40, ensuring high visibility and accessibility. The versatile interior space allows for customization to suit a variety of business needs. Complementing this prime retail space is an adjacent 2.53-acre vacant commercial lot, offering significant expansion potential or the opportunity to develop additional commercial ventures. The combined properties present a rare chance to acquire a substantial footprint in a high-traffic location, ideal for a range of commercial uses. The location's proximity to Walmart guarantees significant foot traffic and visibility, making this an attractive investment for both established businesses and new ventures.

Property profile
Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 2.53 ac (110,207 SF)
APN 11-01-32-200-188.000-002
UPID US31-2360177
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
MARIO MARTINEZ
MARIO MARTINEZ
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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