SEC of US-31 & US-24 - Commercial LAND FOR SALE


Peru, IN 46970 338,026 SF
$1,500,000 USD
754-255-6993
SEC of US-31 & US-24, Peru, IN for Sale
$1,500,000 USD
Commercial LAND - FOR SALE
1/4
338,026 SF

SEC of US-31 & US-24
Peru, IN 46970


HIGHLIGHTS

  • US-31 is Major Trucking Route Connecting Indianapolis to South Bend, Through Kokomo.
  • 20,647 VPD on US-31 & 13,427 VPD on US-24 According to INDOT.
  • High Visibility.

OVERVIEW

Prime Corner Gas Station Development Site at US-31 & US-24 Exit Interchange. Nearby Top 10 Ranked BP in Indiana (JJs Travel Plaza) Will Have Reduced Access From INDOT Improvements on US-31. Indiana is Removing Lighted Access Along US-31 in Favor of Exits, Which is Anticipated to Have Negative Impact on Nearby Competition Near $2.5B Stellantis (GM) / Samsung EV Battery Plant Currently Under Construction (Phase I), With a $3.4B Phase II in Planning Stages. Retail Gap Analysis Concludes Leakage of $101M For Motor Vehicles & Parts Dealers, $69M For Food Service ($42M For Full-Service Restaurants), $44M For Clothing and $31M For Health & Personal Care Within a 25 Minute Drive.

FOR SALE DETAILS

PRICE

$1,500,000 USD

PRICE/ACRE

$193,299/AC

PRICE/SF

$4 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

Truck Stop Development Site - 7.76 Acres

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Commercial, Industrial, Retail, Office, Mixed Use, Hospitality, Auto Dealership, Auto Repair, Bank, Bar, Bowling Alley, Car Wash, Contractor Storage Yard, Convenience Store, Day Care Center, Department Store, Distribution, Drug Store, Fast Food, Garden Center, General Freestanding, Health Care, Hold for Development, Hold for Investment, Hospital, Hotel, Industrial Live/Work Unit, Industrial Park, Manufactured Homes/Mobile Home Park, Master Planned Community, Medical, Motel, Office Park, Outlet Center, Planned Unit Development, Power Center, Refrigeration/Cold Storage, Religious Facility, Restaurant, Retail Warehouse, Schools, Self-Storage, Service Station, Storefront, Storefront Retail/Office, Storefront Retail/Residential, Strip Center, Supermarket, Truck Stop, Truck Terminal

LAND ACRES

7.76 AC

LAND SF

338,026 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Streets

ZONING

B-3

APN/PARCEL ID

52-08-19-200-012.000-015

ASK ABOUT THIS PROPERTY

Mark HebertSands Investment GroupMore Info
754-255-6993

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Mark HebertSands Investment GroupMore Info
754-255-6993

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.