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    OFF-MARKET
    Commercial land

    2460 Main St, Rochester, IN 46975-8031

    2,476 SF 0.33 ac lot Built 1947
    Individually Owned Absentee Owner Free & Clear
    Property ID
    US31-1101611
    Property summary
    AI-generated overview

    This exceptional 0.335-acre commercial lot, located at 2460 S Main St in Rochester, Indiana, presents a unique investment opportunity. Situated in Noble County, with a zip code of 46975, this property boasts a highly desirable location, just the second commercial lot off US 31. The property's strategic placement ensures high visibility and significant traffic exposure, benefiting from its proximity to other established commercial businesses. The lot is zoned for General Commercial use, offering considerable flexibility for a wide range of development possibilities. The APN is 25-07-93-106-117.000-009. This prime piece of land is priced competitively at $179,900, making it an attractive proposition for investors seeking a strong return. The coordinates are 41.0983022 latitude and -86.2158497 longitude. Don't miss this chance to acquire a highly visible and strategically located commercial lot in a thriving area. The exceptional location and zoning make this property ideal for a variety of commercial ventures. Act quickly, as opportunities like this are rare.

    Property profile
    Verified
    Property type Commercial land
    Use group VACANT COMMERCIAL LAND
    Year built 1947
    Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Total area 2,476 SF
    Lot 0.33 ac (14,375 SF)
    APN 25-07-93-106-117.000-009
    UPID US31-1101611
    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
    PAMELA S CARR
    PAMELA S CARR
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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