Listing Saved
Email Sent

22,000 SF Redevelopment Opportunity

357 Tanger Boulevard : Seymour, IN 47474

Jackson County, Indiana

2.77 Acres
Create a FREE Land Buyer Profile or sign in. DISMISS
Expired Listing
22,000 SF Redevelopment Opportunity : Seymour : Jackson County : Indiana

Land Description

RI Marketplace Online Auction March 25-27, 2024.

Register to Bid on Marketplace.

Investment Highlights

Redevelopment Opportunity: Situated on 2.77 Acres and zoned Highway Commercial, ideal for redevelopment.

Situated at the Submarket's Dominant Intersection: Located at the intersection of I-65 and Us-50, which sees 68,000 vehicles per day.

Walmart's Long-Term Commitment: Walmart recently commenced construction on a investment into their distribution facility, just across the highway, solidifying Walmart's long term commitment to serving the city of Seymour.

Seymour Population Growth: Over the last 20 years, Seymour has benefited from a 20% growth in population which is expected to grow by 3-4% in the next five years.

Offering Summary

Atlantic Capital Partners, in conjunction with RI Marketplace, is pleased to offer for sale 357 Tanger Boulevard, a former Regal Cinema located in Seymour, Indiana. This 22,273 SF asset sits on a 2.77 AC and is ideally situated at the intersection of I-65 and Us-50 which sees 38,000 and 30,000 vehicles per day, respectively.

357 Tanger Blvd is located less than 1-mile from Home Depot and Walmart Supercenter and less than 2 miles from downtown, all of which enhance daily traffic to the submarket and exposure to the asset. Additionally, the Property is positioned opposite the highway from a Walmart Distribution Center which just commenced construction on a investment into that property to enhance efficiency through the addition of robotics, automation, and AI-powered systems. 357 Tanger Boulevard is unencumbered by any tenant leases and is primed for redevelopment and is zoned C-3 (Highway Commercial District), allowing for a variety of uses.

Dennis Jackson

Auctioneer

IN License: Au01014422

Land features, descriptions, details, directions, sales history, photos, maps, boundaries and files are deemed reliable and provided "as is" without guarantee, warranty, representation, expressed or implied by AUCTIONFLIP or its advertisers, and is subject to errors, omissions, sale or withdrawal. Buyers should exercise their own due diligence when purchasing real estate. AUCTIONFLIP is not a party to any portion of the real estate transaction between a buyer and seller on this site. Contact the seller directly regarding this listing.