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463 Apache Dr Rochester, IN 46975-8019

Commercial land Google Maps
1.11 ac lot
Entity Owned Absentee Owner Free & Clear
463 Apache Dr, Rochester, IN 46975-8019 For Sale
$225,000
463 Apache Dr, Rochester, IN 46975-8019
View Listing →
Estimated value (blended)
$245k
Range $221k – $270k (±10%)
Property ID US31-3103987

Property summary

AI-generated overview

This exceptional 1.1-acre commercial land parcel presents a remarkable investment opportunity in Rochester, Indiana. Located at 463 Apache Drive, this property boasts a highly desirable corner location, offering excellent visibility and accessibility. Its strategic positioning provides easy access to major roadways including US 31, SR 25, and SR 14, ensuring convenient transportation for both employees and customers. The asking price is $225,000, translating to a land value of approximately $204,545.45 per acre. City utilities are readily available, simplifying the development process and reducing infrastructure costs. The property's APN is 25-07-93-106-025.000-009. This expansive lot is ideal for a wide range of commercial ventures, providing ample space for construction and potential expansion. Its prime location and convenient access to key transportation routes make it an attractive proposition for businesses seeking a strong foothold in a thriving community. This is a rare opportunity to acquire a significant commercial land parcel in a strategic location with excellent growth potential. Don't miss out on this chance to secure a valuable asset in a rapidly developing area. Serious inquiries are encouraged.

Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 1.11 ac (48,352 SF)
APN 25-07-93-106-025.000-009
UPID US31-3103987

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$245k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$245k

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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More about this property
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