US31 / National Road

Vacant Land for Sale
Also listed as Office
Catylist Listing ID: 30162082
Property Subtypes: Multi-Family, Office, Retail, Retail-Pad
Gross Land Area: 1.70 Acres
Sale Price: $9.50 PSF
Total Price: $703,494
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 6/15/2018

Overview / Comments

Now available for sale is a large retail pad of 1.7 acres at the intersection of Washington Street and US31/National Road in Columbus, Indiana. The traffic counts here are some of the highest in Columbus at approximately 20,000/day ~ similar to the West side interstate I65 & SR46 interchange and the National Road high retail area of Best Buy, Bed, Bath & Beyond, Chick Fil A, & Hobby Lobby etc.

The lot has been cleared and is ready for development. All utilities are on site. Good conversations have been had with the neighbors regarding a potential cross easement to improve ingress/egress.

The possibilities here are unlimited. Feel free to call me with questions.

Financials

Finance Data Year 2017
Real Estate Taxes - Annual($) $7,942 (Annual)

Additional Details

Nearest MSA: Columbus
County: Bartholomew
Tax ID/APN: 03-95-12-430-003.200-005
Zoning: CO
Property Visibility: Excellent
Legal Description: Parcel of land SW/4 SE/4, beginning at SW corner Lot 1 in Questover Addition (D/63), Except: commencing at SE corner

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,933 33,611 50,757
Median Age: 42.13 38.74 38.25
Households: 2,835 13,710 20,324
The information presented herein is provided as is, without warranty of any kind. Neither Commercial Property Information Exchange (CPIX) nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.