You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
OFF-MARKET
Land

4311 Station Rd Roanoke, IN 46783

20.3 ac lot
Property ID
US31-1736264
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 20.3 ac (884,268 SF)
UPID US31-1736264
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
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 4311 Station Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message