22.253 Acres - DeMotte
Vacant Land
for Sale
| Catylist Listing ID: |
30830847 |
| Property Subtypes: |
Agricultural, Hospitality, Office, Retail, Self Storage, Other
|
| Gross Land Area: |
3.50 - 22.25 Acres
|
| Sale Price: |
$1,650,000 |
| Land Splits Available: |
Yes |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
5/22/2023 |
Overview / Comments
22.253 acres of land located on the north end of the Town of Demotte with 381' of frontage on State Highway 231 and 1338' of frontage on 8th Avenue. All utilities are available at the site and property is zoned B-2 General Business District. The existing buildings are not usable and will need to be demolished.
According to Flood Insurance Rate Maps, approximately 3.737 acres along the front portion of the site carries a Zone X classification indicating that portion of the property is determined to be outside the 0.2% annual chance floodplain. The remaining 18.816 acres is classified as Zone A, special flood hazard.
According to the US Department of Fish & Wildlife Wetland Mapper web site, the parcel does not contain any designated wetlands. Buyer to confirm.
|
Additional Details
| Nearest MSA: |
Chicago-Naperville-Elgin |
| County: |
Jasper |
| Taxing Authority: |
City of DeMotte |
| Tax ID/APN: |
37-15-23-000-043.000-025 |
| Zoning: |
B-2 |
| Property Located Between: |
North End of the Town of DeMotte |
| Property Visibility: |
Excellent |
| Legal Description: |
See attached Survey |
| Largest Nearby Street: |
State Highway 231 |
| Feet of Frontage: |
381 |
| Traffic/Vehicle Count: |
10,746 |
| Highway Access: |
Yes |
| Airports: |
Porter County Airport |
| Site Description: |
Nearly flat, currently used as residential and farmland |
| Area Description: |
Transitional Land |
| Lot Frontage: |
381.84 |
| Lot Depth: |
1338.6 |
| Zoning Description: |
B-2 General Business District |
| In Flood Plain?: |
Yes |
| Topography: |
Level |
| Available Utilities: |
Electric, Water, Gas, Sewer, Storm Drain, Broadband |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
Demographic Statistics
| Proximity: |
3 miles |
5 miles |
| Total Population: |
6,421 |
16,397 |
| Median Age: |
40.6 |
39.27 |
| Households: |
2,497 |
6,056 |
|
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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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