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: 1/18/2023

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

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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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