11590 Mckinley HwyOsceola, IN 46561

Property Details for 11590 Mckinley Hwy

Year built

2003

Construction

WOOD

Lot size

5.00 AC

Property size (Sq ft)

9,264 SF

Property type

Office properties

APN

71-10-05-326-012.000-031

APU

711005326012000031

Description

This exceptional 0.82-acre commercial land parcel presents a prime opportunity for development. Situated at 11590 McKinley Highway in Osceola, Indiana, this property boasts a highly desirable location on a major thoroughfare. The zoning is designated C - Commercial District, allowing for a wide range of commercial uses. The lot size offers ample space for construction, and its frontage on McKinley Highway (old US 20) provides excellent visibility and accessibility. With an impressive Annual Average Daily Traffic (AADT) count of 15,465 vehicles, this location ensures significant exposure to potential customers. The property is classified as single-tenant land, providing flexibility for development. Located in St. Joseph County, Indiana, and conveniently accessible via McKinley Highway, this property offers a strategic advantage for businesses seeking high visibility and convenient access to a substantial customer base. The zip code is 46561. This is an ideal location for businesses seeking high traffic counts and excellent visibility. The property is ready for immediate development.

• CAP approach

  CAP return

  Valuation

  6%

  $1,631,709

  6.5%

  $1,506,193

  7%

  $1,398,608

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,206,636

  Geo Method

  $1,206,636

• Alternative Use

  Use

  Valuation

  Residential

  $1,867,679

  Hospitality

  $1,710,784

  Educational

  $1,423,352

  Medical

  $1,472,303

  Retail

  $2,214,104

Location Insight

City

Osceola

County

St. Joseph

State

Indiana

Latitude

41.6878

Longitude

-86.0923

CBSA code

43780

CBSA name

SOUTH BEND-MISHAWAKA, IN-MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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