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2996 N US 421 3.19 Acres of Commercial Land Offered at $1,012,042 CAD in Whitestown, IN 46075

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INVESTMENT HIGHLIGHTS

  • Gas Station / Convenience Store Opportunity
  • Located Directly On US Highway 421 In Boone County

EXECUTIVE SUMMARY

SELLER FINANCING AVAILABLE... 2996 N US 421 & 8551 E 300 N, Whitestown, IN - Unlock the Potential of Boone County’s Thriving Market!
Take Advantage of 4.99% Seller Financing With Only $150,000.00 Down! Amortization & Balloon Negotiable.
This 3.19-acre parcel, strategically located at the intersection of US Highway 421 and East 300 North, offers a unique development opportunity in Boone County. Currently zoned LB (Local Business), there is potential for rezoning or variance to GB (General Business), per Boone County Planning & Zoning.
Property has availability to three-phase power, on septic, no gas provider, well water & TDS as a telephone provider.
Current 2024 Property Taxes, Payable 2025 Are $1916.00.
Gas Station / Convenience Store Opportunity...
As Per The Boone County Area Plan Director...
The Zoning Ordinance Defines A Contemporary Gas Station As A Cross Between An “Automobile Service Station” And A “Convenience Store.” These Are Permitted In The LB District By Special Exception From Boone County Zoning.
There Are Also Some Development Standards That Apply, Including:
• No More Than 8 Fuel Dispensers
• Architectural Standards
• Separation From Existing Similar Facilities
• Entrance Setbacks From Intersections/Driveways
• Buffering From Residential Uses

DATA ROOM Click Here to Access

PROPERTY FACTS

Price $1,012,042 CAD
Sale Type Investment
Sale Condition Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Office
  • Bank
  • Tienda de conveniencia
  • Daycare Centre
  • Fast Food
  • General Freestanding
  • Medical
  • Religious Facility
  • Restaurant
  • Retail Warehouse
  • Service Station
  • Storefront
  • Storefront, Retail or Office
Total Lot Size 3.19 AC
Zoning LB - Local Business - The Land Is Currently Zoned As LB (Local Business) Under Boone County Jurisdiction. Zoning Indicated Potential Flexibility With Possible GB Zoning.

1 LOT AVAILABLE

Lot

Price $1,012,042 CAD
Price Per AC $317,254.55 CAD
Lot Size 3.19 AC

Commercially Zoned Land Development Opportunity On Highway US 421 – 3.19 Acres In Boone County

DESCRIPTION

This 3.19-Acre Parcel, Located In Boone County, Presents A Prime Opportunity For Development.

  • Listing ID: 33348355

  • Date on Market: 2024-09-29

  • Last Updated:

  • Address: 2996 N US 421, Whitestown, IN 46075

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