9407-9411 Indianapolis Blvd | Highland, IN 46322
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9407-9411 Indianapolis Blvd
Highland, IN 46322
Retail Property For Sale
Investment Highlights
- Located on NW Indiana's primary commercial artery in Highland
- Lighted Corner w/ quick access to I 80/94
- 1.6 Acres - 200' Frontage X 288' Depth
- Surrounded by Local & National Retailers as well as Service & Food Businesses
Executive Summary
Highly sought after 1.6 acre retail site. Located at the stop light intersection of Indianapolis Blvd. and Hart Road benefiting from a daily traffic volume in excess of 36,000 vehicles. Located just over 2 miles from I-80/94 on the east side of the Boulevard featuring 200 feet of U.S. Highway 41 frontage(a 4-lane primary artery)and Hart Road frontage of 288 feet. Next to a newly constructed gas/convenience plaza and surrounded by local and national retailers, not limited to: AutoZone, McDonalds, Goodyear, O'Reilly Auto Parts, and Walgreens as well as New Car Dealers including Chevrolet, Chrysler, Ford, Honda, Hyundai, Toyota and Volkswagen. The area within a five-mile radius, has an estimated population over 111,000 residents with 42,000 households. Structures on the property include an all brick, 2200 sq. ft., accessible, two story home converted to sales offices and a 3000 sq. ft. building for shop and storage. Seller estimates parking for 120 cars on this B-3 zoned corner acreage.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Auto Dealership
Building Size
5,201 SF
Building Class
C
Year Built/Renovated
1964/1982
Price
$1,600,000
Price Per SF
$308
Tenancy
Single
Building Height
2 Stories
Building FAR
0.07
Lot Size
1.60 AC
Zoning
B-3
Frontage
Amenities
- Corner Lot
- Fenced Lot
- Fireplace
- Security System
- Accent Lighting
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 45-07-28-304-001.000-026 | Improvements Assessment | $227,600 |
| Land Assessment | $370,500 | Total Assessment | $598,100 |
PROPERTY TAXES
Parcel Number
45-07-28-304-001.000-026
Land Assessment
$370,500
Improvements Assessment
$227,600
Total Assessment
$598,100
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