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9209-9227 Indianapolis Blvd 3.95 Acres of Commercial Land Offered at $5,374,292 CAD in Highland, IN 46322

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INVESTMENT HIGHLIGHTS

  • Business District Location, Exterior Lighting, Multi Tenant, Office Park Location, Pipeline Crossing

EXECUTIVE SUMMARY

3.95 AC site with existing 57 rental units with additional land for development. The flexibility of qualifying as a Planned Unit Development (PUD) broadens the spectrum of potential uses. High Traffic volume of ~35,000 Vehicles Per Day on an assemblage of commercially zoned lots gives great opportunity for mixed use. The three parcels have an existing commercial rental income. Two existing curb cuts give direct access to US Hwy 41. The large Monument Sign provides exemplary exposure to all who pass.

PROPERTY FACTS

Price $5,374,292 CAD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Apartment Units - Condo
  • Single Family Residence
Total Lot Size 3.95 AC
No. Stories 2
Zoning B-3

1 LOT AVAILABLE

Lot

Price $5,374,292 CAD
Price Per AC $1,360,580.29 CAD
Lot Size 3.95 AC

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 45-07-28-151-010.000-026
  • 45-07-28-151-026.000-026
  • 45-07-28-151-009.000-026
  • 45-07-28-151-008.000-026
Land Assessment
$804,475 CAD
Improvements Assessment
$849,734 CAD
Total Assessment
$1,654,209 CAD
  • Listing ID: 35622314

  • Date on Market: 2025-04-24

  • Last Updated:

  • Address: 9209-9227 Indianapolis Blvd, Highland, IN 46322

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