Commercial Development 6.6 Acres INDIANA Next to Holiday Inn & Tractor Supply

[Shawn Duncan]

I have rare large parcel  (6.6 Acres) of land under contract right off of Interstate 69 in Anderson, IN Next to Eagle Pointe Plaza which is home to Holiday INN, Tractor Supply and Walls Furniture and across the street from Meijer with close proximity to Menards. The land is currently zoned I3 and I have spoken to the city and the zoning is flexible to move down the commercial scale i.e C3 or C4 or General Business.  I have done some preliminary investigation and my plan would be for retail on the front lots and self storage in the rear of the parcel. I contacted an existing storage facility 1/2 mile away and they did not have any units for rent out of 60 available.  

The price for the parcel is $120,000( $18,181 per acre ) including my fee. 

 Eagle pointe plaza lots for Holiday INN and Tractor supply sold for $138,000 per acre, There are no environmental concerns I am aware of. This was a residence and farmed on the back portion.  

I truly wish I had the ability to develop this myself but I am committed to other projects and will have to let this one go.

Billboard Opportunity on the back of the property facing State road 109/ Scatterfield