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7800 Grand Blvd
80 Acres of Commercial Land Offered at £1,104,600 in Hobart, IN 46342
Investment Highlights
- Good location just 1/4 mile North of US Hwy 30 with frontage on Grand Blvd
- Rolling topography with 1/4 mile of road frontage and 1/2 mile of depth
- Utilities are on Grand Blvd
- Owner will entertain a split of the property as the front 20 acres (+/-) would be ideal for commercial use
- Growth continues in the immediate area with Albanese Candy Factory expansion
- Current taxes are just over $23 per acre or $1,847.20 payable 2021 for the 80 acres.
Executive Summary
Taxes & Operating Expenses (Actual - 2024) Click Here to Access |
Annual | Annual Per AC |
|---|---|---|
| Taxes |
-
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-
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| Operating Expenses |
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| Total Expenses |
$99,999
|
$9.99
|
Taxes & Operating Expenses (Actual - 2024) Click Here to Access
| Taxes | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
Property Facts
1 Lot Available
Lot
| Price | £1,104,600 | Lot Size | 80.00 AC |
| Price Per AC | £13,807 |
| Price | £1,104,600 |
| Price Per AC | £13,807 |
| Lot Size | 80.00 AC |
PRICE REDUCED: Rectangular parcel with 1320' frontage & 2640' depth. Prime area to develop, historically been farm property. Owner will consider a split of the property with frontage on Grand Blvd potential commercial development subject to rezone.
Description
The subject property is rectangular in shape with 1/4 mile of frontage on Grand Blvd and 1/2 mile of depth. The property is located 1/4 mile North of US Hwy 30 and offers quick and convenient access from many directions to serve Lake & Porter County. Medical facilities are across Grand Blvd on the East side and utilities along Grand Blvd. Property will need to be rezoned as it is currently R-2. Low taxes of $1,847.20 2020 payable 2021 equates to just over $23 per acre per year.
PROPERTY TAXES
| Parcel Number | 45-13-19-201-001.000-046 | Improvements Assessment | £2,367 (2023) |
| Land Assessment | £91,840 (2023) | Total Assessment | £94,207 (2023) |
PROPERTY TAXES
zoning
| Zoning Code | R-2 |
| R-2 |
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Tim Brust -
Wille, Stiener, & Brust, Inc.
Presented by
7800 Grand Blvd
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