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US 31 & Pierce Rd

1.91 Acres of Commercial Land Offered at $277,290 CAD in Lakeville, IN 46536

Investment Highlights

  • Signalized Corner Location
  • Located Off Lakeville Exit N-4/239
  • Zoned C-Commercial
  • 278’ Frontage On US 31
  • Proximal Location To Erskine Trade Area

Property Facts

Price $277,290 CAD
Sale Type Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Office
Total Lot Size 1.91 AC
Tenancy Single
Cross Streets US 31

1 Lot Available

Lot

Price $277,290 CAD
Price Per AC $145,178 CAD
Lot Size 1.91 AC

Description

Potential commercial development on approximately 1.91 +/- acres at a signalized corner location. The property has 427' frontage on Pierce Road (SR 4) and 278' on US 31 South, and is accessible via Lakeville exit N-4/239 at the newly realigned US 31. Zoned C-Commercial in the County which allows for a wide range of commercial uses. The site is served by well and septic. Opportunity for additional land acquisition on the north and east side of the site. Newton Park is located on the southwest adjacent corner of SR 4 and S. Michigan Street/US 31 from the subject property, and the park is a popular venue for baseball, softball and soccer with an average oft 1,500 visitors per weekend from April - November. Near Potato Creek State Park with 165,000 visitors annually. The property is located at the signalized corner of Pierce Road (SR 4) and S. Michigan Street/Dixie Highway (old US 31 S), approximately 6 miles from the Erskine Trade Area (an area that encompasses over 1,400,000 square feet of commercial, retail, service, and professional office, medical uses, and single family residential subdivisions). With the completion of the US 31 ByPass, Pierce Road has become the exit for Lakeville and Potato Creek State Park with all traffic driving by the subject property.

zoning

Zoning Code C (Commercial)
C (Commercial)
  • Listing ID: 9707122

  • Date on Market: 2017-10-23

  • Last Updated:

  • Address: US 31 & Pierce Rd, Lakeville, IN 46536

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