Description

Unlock the opportunity to own a prime commercial lot situated directly on Indiana State Road 9-a high-traffic, high-visibility location ideal for new development. This property includes a professionally installed 1,000 sq ft concrete slab and offers ample space, with the capacity to accommodate up to 100 vehicles for parking. Located in a rapidly growing area, the property is surrounded by visible ongoing development and established businesses, highlighting its strong potential for future value and success. As part of a larger parcel, the lot also provides the flexibility to expand by combining with adjacent space-making it a perfect fit for businesses with bigger growth plans. Check this other listing ID 22099161. This lot currently generates annual income of $2,500 through an existing sign lease already in place, offering immediate cash flow. There is also potential for increased revenue, as the lease is set to expire in May 2027 and may be renegotiated to an estimated $7,500-$9,000 per year.