19.19 ACRES- US HWY. 31- CICERO, IN.
Vacant Land
for Sale
| Catylist Listing ID: |
30798180 |
| Gross Land Area: |
19.19 Acres
|
| Sale Price: |
$3,500,000 |
| Unit Price: |
$182,386 Per Acre |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
3/16/2023 |
Overview / Comments
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19.19 acres total commercial land on US Hwy 31, north of 216th Street- Property has direct frontage on US Hwy 31, however has NO ACCESS FROM ANY ROADWAY. Multiple commercial zoning. 10 acres zoned 0-1: "commercial use with bldg architecture and overall aesthetics of a "residential" character." Possible permitted uses: banks, financial institutions, offices, medical offices, self-storage facility as part of an office building or complex (size of storage facility cannot exceed size of office bldg.) 3 acres zoned C-2 commercial development with moderate impact. Possible permitted uses: restaurants, recreational uses, antique/gift shops, public auction rooms. 6.19 acres zoned M-3: manufacturing extraction and processing. Permitted uses: concrete, asphalt plants and associated business.
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Additional Details
| Nearest MSA: |
Indianapolis-Carmel-Anderson |
| County: |
Hamilton |
| Tax ID/APN: |
29-05-12-000-017.002-001, 29-05-12-000-017.003-001, 29-05-12-000-017.001-001 |
| Zoning: |
C-2, M-3, O-1 |
| Highway Access: |
None |
Demographic Statistics
| Proximity: |
3 miles |
5 miles |
| Total Population: |
3,177 |
11,410 |
| Median Age: |
42 |
39.96 |
| Households: |
1,198 |
4,238 |
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The information presented herein is provided as is, without warranty of any kind.
Neither Indiana Commercial Board of REALTORS® nor
Moody's assume any liability for errors or omissions.
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