SEC of US-24 & Eel River Road - Truck Stop Development Site - 22 Acres
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SEC of US-24 & Eel River Road - Truck Stop Development Site - 22 Acres
22.06 Acres of Commercial Land Offered at £2,169,750 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 7.76 Acres Across the Street is Also Available For $1.5M ($193k/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 22 Acres Located at the South East Corner of US-24 & Eel River Road in Peru, IN. This Deal Includes a Prime Corner Gas Station Development & Retail 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 | £2,169,750 | Property Type | Land |
| Sale Type | Investment | Property Subtype | Commercial |
| Sale Conditions | Design & Build | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 22.06 AC |
| Price | £2,169,750 |
| Sale Type | Investment |
| Sale Conditions | Design & Build |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 22.06 AC |
1 Lot Available
Lot
| Price | £2,169,750 | Lot Size | 22.06 AC |
| Price Per AC | £98,357 |
| Price | £2,169,750 |
| Price Per AC | £98,357 |
| Lot Size | 22.06 AC |
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zoning
| Zoning Code | B-3 (B-3 Commercial) |
| B-3 (B-3 Commercial) |
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Mark Hebert -
William Parker -
Drew Miller -
Sands Investment Group
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SEC of US-24 & Eel River Road - Truck Stop Development Site - 22 Acres
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