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W 1050 N US 31 hwy - W 1050 N at US HWY 31 5.89 Acres of Commercial Land Offered at $347,584 CAD in Macy, IN 46951



INVESTMENT HIGHLIGHTS
- Great Location for a Transportation Distribution or Warehouse Facility, or General Business Building
EXECUTIVE SUMMARY
PROPERTY FACTS
| Price | $347,584 CAD | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | Commercial |
| No. Lots | 1 | Total Lot Size | 5.89 AC |
| Property Type | Land | ||
| Zoning | General Business - General Business | ||
| Price | $347,584 CAD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 5.89 AC |
| Zoning | General Business - General Business |
1 LOT AVAILABLE
Lot
| Price | $347,584 CAD | Lot Size | 5.89 AC |
| Price Per AC | $59,012.58 CAD |
| Price | $347,584 CAD |
| Price Per AC | $59,012.58 CAD |
| Lot Size | 5.89 AC |
Highly visible lot along US 31 near Macy, IN. Level, mostly cleared land with great access and exposure. Strong traffic counts and development potential.
DESCRIPTION
5.89 acres is available in an excellent location with access to busy US 31, a four lane state highway. It is flat land with low development costs perfect for a new company to develop a regional office, warehouse, or general business building. The area is becoming highly attractive for businesses that want to provide services to many of the new large industrial plants being built in Kokomo, North Central and North Western, Indiana areas. The location directly on US 31 allows for low out-of-route miles for any company transporting a significant amount of manufactured goods and products directly north and south on US 31 and also east and west with the Hoosier Heartland Corridor nearby. Both four lane Indiana State Highways US 31 and Hoosier Heartland Corridor connect to major east/west and north/south interstate highways such as I70, I-65, I-69, The Indiana Toll Road, U.S. 20 & I-94. This property is one of the top two locations for reaching the largest amount of the North American population in the shortest period of time by a team-driven or single-driven truck. The property is located is between Rochester, Indiana and Peru, Indiana. It is perfectly situated between many of the new Industrial plants starting construction in the North Central and North Western, Indiana areas and the greater Kokomo, Indiana area, and the Indianapolis Metropolitan area. Kokomo, Indiana is 30 miles south of the property and New Carlisle is 70 miles north of the property. Property is located in a mainly rural area and county. The location of this property has access to the Indiana Heavy Haul Highway Route. Thus 120,000 Gross Vehicle Weight (GVW) loads can be hauled in from I-94, State Highway 2/20, & the Indiana Toll Road and our US 20 Bypass.
PROPERTY TAXES
| Parcel Number | 52-01-35-400-007.000-020 | Improvements Assessment | $0 CAD |
| Land Assessment | $17,449 CAD | Total Assessment | $17,449 CAD |
PROPERTY TAXES
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W 1050 N US 31 hwy - W 1050 N at US HWY 31
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