6890 E 700 S - Land

Vacant Land for Sale
Catylist Listing ID: 29836978
Property Subtypes: Industrial
Gross Land Area: 121 Acres
Sale Price: $1,349,995
Unit Price: $11,156 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 3/12/2018

Overview / Comments

Additional parcel #44-09-31-100-003.000-013 is part of this offering.

PRICE REDUCED! Property is available as a sell-off of a large green-build project. Considerable advance development work has already been completed. The property has been designated a TIF Area (lower tax base). Property has Title V Air Permit (requires updating for buyer's specific business purpose). Property has the following Zone designations: Redevelopment, Economic Revitalization, HUB, and Foreign Trade. Rail access is via Indiana Northeastern Railroad.

LaGrange County has agreed to provide assistance with development of site infrastructure including: upgrading County Road 700 South access to the site, road lighting, signage, and bringing water and sewer to the site.

Adjacent 21,450 SF Butler Steel industrial building on approximately 10 acres is also available for sale at REDUCED PRICE of $650,000. Ask Broker for details.

Additional Details

Nearest MSA: Kendallville
County: Lagrange
Taxing Authority: Lagrange County
Tax ID/APN: 44-09-31-200-004.000-013
Market Type: Small
Rail Access: Yes

Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 3,271 8,649
Median Age: 42.69 42.3
Households: 1,280 3,364


Photograph of Listing Agent

David J. Norton

BND Commercial, LLC
Not a member of CPIX
Photograph of Listing Agent

David W. Nugent

BND Commercial, LLC
CPIX Member
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