Property summary
This exceptional 3.15-acre commercial land parcel presents a compelling investment opportunity in the thriving Highland, Indiana market. Located adjacent to a CVS Pharmacy on a busy thoroughfare, this property boasts excellent visibility and accessibility, making it ideal for a variety of retail or commercial ventures. Its strategic location within a densely populated area ensures high traffic volume and exposure to a substantial consumer base. The site's proximity to major retail centers like Highland Grove Shopping Center, along with community amenities such as the Highland-Griffith Chamber of Commerce and Wicker Memorial Park, further enhances its appeal. The convenient location, less than two miles from the intersection of I-94 and I-80, provides easy access to regional transportation networks. This property offers significant potential for investors seeking a strong return on investment in a vibrant and growing community. The site's size and location make it suitable for a range of commercial developments, capitalizing on the area's robust demographics and high visibility. This is a rare opportunity to acquire a well-positioned commercial land parcel in a desirable location with excellent potential for future growth. The property is situated in northwestern Indiana, approximately 30 miles from downtown Chicago, offering access to a large and diverse market.
Property profile
VerifiedCap rate & NOI
Current use
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(Bike/Boat/Book/etc) Store
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Cosmetic Store
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Atm
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Pharmacy
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Courier Service Postal Service
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2022Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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