$6,000,000

7221 U S 31 S Edinburgh, IN 46124

Estimated payment $32,094/month

Total Views 31,429
19.7 Acres
$304,569 Price per Acre
858,132 Sq Ft Lot

About This Lot

EXCEPTIONAL OPPORTUNITY for new commercial development. ACRES: +/- 19.7 Acres (Appx. 400 x 2,270 Ft). IMMEDIATELY ADJACENT NEW DEVELOPMENT: Pending 287 ACRE Residential Development (700 to 900 new homes by DR Horton). ZONING: Pending - Commercial (RB - Roadside Business) Zoning. PERMITTED USES: Retail, Restaurant, Service, Supermarket, Entertainment, Hotel, Office, & much more. PRICE: $6,000,000 --- PRICE/ACRE: Appx. $300k/Acre. FRONTAGE: 2,270 FT along US 31. TRAFFIC: 13,551 VPD - US 31. UTILITIES: Edinburgh and/or DR Horton will bring all utilities Adjacent to Site.

Listing Agent

Michael Huff

Keller Williams Indy Metro S Brokerage Email: michael.huff@kw.com License #RB14047252 Listed on: 08/03/2024

Keller Williams Indy Metro S

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,523

Lot Details

  • 19.7 Acre Lot

Schools

  • East Side Elementary School
  • Edinburgh Comm Middle School
  • Edinburgh Community High School

Listing and Financial Details

  • Tax Lot 41-12-28-021-002.003-001
  • Assessor Parcel Number 411228021002003001

Property Details

Property Type

Land

Est. Annual Taxes

$1,523

Lot Details

0

Listing Details

  • Type: Undeveloped
  • Property Sub Type: Commercial Land
  • Property Type: Land
  • New Construction: No
  • Tax Year: 2023
  • Lot Size Acres: 19.7
  • On Market Date: 2024-08-03
  • Road Frontage Type: Highway
  • Road Surface Type: Asphalt
  • Subdivision Name: No Subdivision
  • Transaction Type: Sale
  • MBR_AttributionContact: michael.huff@kw.com
  • Attribution Contact: michael.huff@kw.com
  • Special Features: None

Exterior Features

  • List Price: 6000000
  • Other Structures: Not Applicable
  • Topography: Cleared
  • Road Access: Frontage Road
  • Water: See Remarks

Utilities

  • Sewer: See Remarks
  • Solid Waste: No

Schools

  • Middle Or Junior School: Edinburgh Comm Middle School

Lot Info

  • Development Status: NoStatus
  • Horse Amenities: None
  • Lot Size Sq Ft: 858132
  • Parcel Number: 411228021002003001
  • Zoning: RB - Roadside Business
  • Acres: 10-20 Acres
  • Land Characteristics: Not Applicable
  • Present Zoning: See Remarks
  • Price Acre: 304569
  • Soil Type: Not Applic
  • Divisible: No

Tax Info

  • Tax Annual Amount: 1522.82
  • Tax Lot: 41-12-28-021-002.003-001
  • Semi Annual Property Tax Amt: 761.41

MLS Schools

  • Elementary School: East Side Elementary School
  • High School: Edinburgh Community High School

Map

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/03/2024 08/03/24 For Sale $6,000,000 -- --
Source: MIBOR Broker Listing Cooperative®

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21994122

MIBOR Broker Listing Cooperative®