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1 Doe Creek Cir - Doe Creek Meadow Development 3.72 Acres of Commercial Land Offered at $690,980 CAD in Cloverdale, IN 46120
INVESTMENT HIGHLIGHTS
- Prime Opportunity Zone Project
- No restrictions. Can be rented or sold
- Build yourself or contract GC to complete the project.
EXECUTIVE SUMMARY
Commercial out lot on US 231: 67-15-06-304-011.025-003
Doe Creek Circle improved residential Lot #s: 4 & 10
Doe Creek Circle residential Lot #s: 1, 2, 5, 6, 7, 9, 11, 12, 13, 14, 16
Doe Creek Circle parcel splits: 67-15-06-304-011.024-003, 67-15-06-304-011.023-003
Doe Creek Circle platted road parcel — 1.684 Acres: 67-15-06-304-011.000-003
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL (CAD) | ANNUAL PER AC (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per AC | - |
PROPERTY FACTS
1 LOT AVAILABLE
Lot
| Price | $690,980 CAD | Lot Size | 3.72 AC |
| Price Per AC | $185,747.42 CAD |
| Price | $690,980 CAD |
| Price Per AC | $185,747.42 CAD |
| Lot Size | 3.72 AC |
PRIME OZ PROJECT!! PLATTED SUBDIVISION LESS THAN 20% SOLD. INFRASTRUCTURE 100% COMPLETED & GC CAN BE BUILT-IN. TOTAL POSSIBLE UNITS IS OVER 25 IN A HIGH VALUE RENTAL MARKET.
DESCRIPTION
An “Already Done For You” Development is waiting for a buyer to pick up the reins! This unique opportunity includes 14 buildable lots and 17 total parcels on Doe Creek Circle. Doe Creek Meadow is a platted subdivision which already contains seven matching single family custom build modular homes. This offering is for all of the remaining parcels, the road parcel if desired, a Commercial un-platted parcel to be further developed as desired, and the purchase price includes two existing 3 bed/2 bath homes currently able to be offered for rent. The remaining lots have the capacity to house as many as two dozen additional units! On top of this, the Owner/Builder is willing to be contracted as a GC to build out the neighborhood (contract depending.) There are no restrictive covenants in place, and the project is still developer dictated. Seller has already budgeted the top coat for the road and it can be dedicated to the Town of Cloverdale prior to close if desired by buyer.
PROPERTY TAXES
| Parcel Number | 67-15-06-304-011.000-003 | Improvements Assessment | $0 CAD |
| Land Assessment | $29,619 CAD | Total Assessment | $29,619 CAD |
PROPERTY TAXES
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1 Doe Creek Cir - Doe Creek Meadow Development
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