Fairland Exit 109

Vacant Land for Sale
Also listed as Hospitality
Fairland Exit 109
Catylist Listing ID: 29729836
Property Subtypes: Hospitality, Retail, Retail-Pad
Gross Land Area: 8.22 Acres
Sale Price: $3,500,000
Unit Price: $425,790 Per Acre
Land Splits Available: Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/26/2017

Overview / Comments

Please contact the agent for more information about this listing.

Attachments & Media

Additional Details

Nearest MSA: Indianapolis-Carmel-Anderson
County: Shelby
Tax ID/APN: 73-06-11-400-011.000-005,73-06-14-200-006.000-005
Zoning: HIGHWAY COMMERCIAL
Market Type: Rural
Property Located Between: Shelbyville Indiana & Indianapolis
Side of Street: North
Road Type: Highway, Highway Interchange
Property Visibility: Excellent
Legal Description: PT N/2 NE 14 13 6 5.14 AC, PT SE SE 11 13 6 2.98 AC
Largest Nearby Street: I-74
Feet of Frontage: 1,000
Transportation: Bus, Shuttle, Highway, Taxi, Other
Highway Access: This property stretches along I-74 with over 1000 of frontage. The new intersection at Co. Rd 400 N & Michigan Rd help to accommodates all types of traffic along with capacity to handle heavy traffic.
Site Description: This property is made up of 8.25 acres+/- which can be divide. All the utilities are at the site. There has been a lot of off site improvements that have taken place over the last few years with roads, traffic signals and access to this site.
Area Description: This area has it all to offer to the property!!!! This area has a one of a kind state of the Art Horse Track & Casino. The casino offers elegant dining and night live activities which bring a huge crowd to the area every night and day.
Lot Frontage: 1000 Feet of frontage on I-74
Zoning Description: C-2 This zoning is consistent with the development of interstate property such as C-store, Fast Food & Hotel
Topography: Level
Available Utilities: Electric, Water, Gas, Sewer, Storm Drain, Cable

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 913 2,758 21,938
Median Age: 43.65 42.41 37.45
Households: 345 1,062 8,778
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