Highway Commercial Redevelopment Opportunity

Vacant Land for Sale
Sale Pending/Contingent
Catylist Listing ID: 30018222
Property Subtypes: Retail
Status: Pending/Contingent
Gross Land Area: 1.95 Acres
Sale Price: $550,000
Unit Price: $282,051 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 6/15/2018

Overview / Comments

Very unique property that is prime for redevelopment! Highway commercial on US-31 with great visibility. Just outside of downtown Columbus and south of I-65. Slightly under 2 acres and features multiple entry points from the highway (northbound and southbound) and adjacent Indianapolis Road. There are currently two buildings on the property, one 3,632 sf and the other 3,150 sf, that could be removed for a new development. Land can be divided.

Additional Details

Nearest MSA: Columbus
County: Bartholomew
Tax ID/APN: 03-95-02-130-000.300-005
Zoning: CC

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,001 22,204 52,609
Median Age: 41.52 37.4 38.36
Households: 723 8,477 21,005
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