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

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.

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

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 3,177 11,410
Median Age: 42 39.96
Households: 1,198 4,238


Photograph of Listing Agent

Craig Kaiser

ICREX Member
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