506 Crone Rd, Memphis, IN 47143
This site offers I-65 exposure and backs up to I-65 itself. As Southern Indiana continues to grow, there are opportunities growing as well. Zoned M-1 light industrial, 2 parcels approximately 5 AC. The arrival of the new Thorntons Fuel Store on Blue Lick at the exit has sparked more interest. B ... illboard signage brings in $450/m, ($5400 annually) and has annual renewal while property is for sale. Seller opted to not have auto renewal. Currently expires Apr 30th, 2021. Requires 30 day written notice to terminate. Permitted uses include B2 & B for Clark County.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
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Risks
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