Us 231, Cloverdale, IN 46120
- $3,350,000
- List Price
- $3,350,000
- MLS#
- 21894331
- Property Type
- Land
- Days on Market
- 1346
- Status
- ACTIVE
Property Description
Opportunity Zone! This property is located in an Opportunity Zone and may qualify for certain tax incentives/tax deferment. A very unique and rare investment opportunity in a prime area hungry for services! The interchange at I-70 and State Road 231 commonly known as the Cloverdale/Greencastle exit is a huge artery for traffic coming and going to Greencastle (DePauw University) and beyond from the north. Currently there are no amenities for food and fuel on the north side of this very busy interchange. This property has frontage right on 231 on the east side (north-bound) lane and is ideally located less than a 1/5 mile from I-70. There are currently city water and electricity utilities located at the road. Prime location for a business.
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Additional Information
- Present Zoning
- Agricultur, Commercial, Planned Development, Other
- Land Characteristics
- Wooded, See Remarks, Other
- Topography
- Level, Sloping, Wooded
- Soil Type
- Other
- Development Status
- Not Applicable
- Facilities on Site
- Not Applicable
- Facilities near Site
- Electric, Water
- Water
- Municipal Water Near By
- Sewer
- Other
- Road Access
- County Rd, Frontage Road, See Remarks
- Road Frontage
- FrontageRd, Highway
- Road Surface
- Asphalt
- Acres
- 82.59
- Water
- Municipal Water Near By
- Region
- Warren
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Listing courtesy of Whitetail Properties.
Information Deemed Reliable But Not Guaranteed. © 2026 MIBOR Broker Listing Cooperative