4311 Station Rd Roanoke, IN 46783
- Commercial real estate
- 20.30 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 4311 Station Rd
- Lot size
- 20.30 lot acres
- Property type
- Commercial real estate
Description
This exceptional 20.3-acre commercial development opportunity in Roanoke, Indiana, is ideally situated along US Highway 24, boasting a daily traffic count of 15,000 vehicles. The property includes 18 acres zoned for agriculture and 2 acres zoned for commercial use, offering flexibility for a variety of development projects. Approved plans for a mini-storage facility on the commercial parcel are already in place, providing an immediate investment opportunity. All utilities are available. The site features space for a retention pond, addressing potential flood management concerns for future development. Discussions are underway for a new traffic signal at the southwest corner, further enhancing accessibility, in addition to two existing entry points. Located near Roanoke's thriving restaurants, boutiques, and healthcare facilities, this property presents a unique chance to capitalize on the town's growth. The asking price is $1,200,000, with a land value of $58,823 per square foot. The address is 4311 E Station Rd, Roanoke, IN 46783. This prime location and development-ready status make this a rare and valuable investment opportunity.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Roanoke
- County
- Huntington
- State
- Indiana
- Longitude
- -85.371049
- Latitude
- 40.955005
