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: 8/28/2017

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
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