SEC of US-31 & US-24 - Truck Stop Development Site - 7.76 Acres
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SEC of US-31 & US-24 - Truck Stop Development Site - 7.76 Acres
7.76 Acres of Commercial Land Offered at $2,154,675 CAD in Peru, IN 46970
Investment Highlights
- Prime Corner Gas Station Development Site at US-31 & US-24 Exit / Interchange
- Indiana is Removing Lighted Access Along US-31 in Favor of Exits, Which is Anticipated to Have Negative Impact on Nearby Competition
- An Additional 22 Acres Across the Street is Also Available for $2.75M ($125k/Acre)
- Nearby Top 10 Ranked BP in Indiana (JJs Travel Plaza) Will Have Reduced Access From INDOT Improvements on US-31
- B-3 Commercial Zoning Allows for Truck Stop, Gas Station & Convenience Store
- Near $2.5B Stellantis (GM) / Samsung EV Battery Plant Currently Under Construction (Phase I), With a $3.4B Phase II in Planning Stages
Executive Summary
Sands Investment Group is Pleased to Exclusively Offer for Sale 7.76 Acres Located at the South East Corner of US-31 & US-24 in Peru, IN. This Deal Includes a Prime Corner Gas Station Development Site at the US-31 & US-24 Exit / Interchange With B-3 Commercial Zoning, Allowing For Truck Stop, Gas Station & Convenience Stores.
In Cooperation With Sands Investment Group Indiana, LLC - Lic. #RC52000211 BoR: Andrew Ackerman - Lic. IN #RB20001918
In Cooperation With Sands Investment Group Indiana, LLC - Lic. #RC52000211 BoR: Andrew Ackerman - Lic. IN #RB20001918
Property Facts
| Price | $2,154,675 CAD | Property Type | Land |
| Sale Type | Investment | Property Subtype | Commercial |
| Sale Conditions | Build to Suit | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 7.76 AC |
| Price | $2,154,675 CAD |
| Sale Type | Investment |
| Sale Conditions | Build to Suit |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 7.76 AC |
1 Lot Available
Lot
| Price | $2,154,675 CAD | Lot Size | 7.76 AC |
| Price Per AC | $277,664 CAD |
| Price | $2,154,675 CAD |
| Price Per AC | $277,664 CAD |
| Lot Size | 7.76 AC |
1 of 1
zoning
| Zoning Code | B-3 (B-3 Commercial) |
| B-3 (B-3 Commercial) |
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SEC of US-31 & US-24 - Truck Stop Development Site - 7.76 Acres
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