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Listed by Sana Fakhoury • Trueblood Real Estate
$ 91,000
Est. payment | /mo
0.86 Acres Lot
$ 91,000
Est. payment | /mo
0.86 Acres Lot
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
Subdivision No Subdivision
MLS Listing ID 22099161
Tax Year 2025
Lot Size 0.860 Acres
Acres 0.86
Property Sub-Type Unimproved Land
Property Description
A business plan can be proposed and offered. Just Ask! Take advantage of the opportunity to own a commercial lot located directly on Indiana State Road 9-a high-traffic, high-visibility corridor ideal for new development. This strategically positioned property currently generates annual income of $2,500 through an existing sign lease already in place, offering immediate cash flow. There is also potential for increased revenue, as the lease is set to expire in May 2027 and may be renegotiated to an estimated $7,500-$9,000 per year. Located in a rapidly growing area, the property is surrounded by visible ongoing development and established businesses, highlighting its strong potential for future value and success. As part of a larger parcel, the lot also provides the flexibility to expand by combining with adjacent space-making it a perfect fit for businesses with bigger growth plans. For additional expansion opportunities, refer to neighboring listing ID: 22097204.
Location
State IN
County Madison
Zoning General Commercial
Interior
Fireplace N
Building
Sewer Not Applicable
New Construction false
Schools
Middle Schools Lapel Middle School
School District Frankton-Lapel Community Schools
Others
Acceptable Financing Not Applic
Listing Terms Not Applic
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