Underwood, IN
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    Underwood, IN Commercial Real Estate for Sale

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    Scottsburg, IN Marysville, IN Otisco, IN
    Spacious Home on Wooded Acreage
    $550,000
    2,944 SF
    Spacious Home on Wooded Acreage

    1104 Beagle Club Road, Underwood, IN 47177

    Country home on 55 acres, ideal for recreation.
    • 55‑acre property featuring approximately 44 wooded acres for privacy and recreation.
    • Priced significantly below appraisal (approximately $80,000 below).
    • Almost 3,000 sq. ft. home with 3 bedrooms and 3 bathrooms.
    • Handicap accessible with 3 ft doors.
    • 32' x 32' pole barn and 2 large sheds provide ample storage.
    Updated: Jun 16, 2022
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    Based on your search, we've compiled 22 Potential Opportunities for your consideration. Besides 1 Active listings in Underwood, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 17 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Commercial Warehouse with Office Space
    $230,000
    4,366 SF
    Commercial Warehouse with Office Space

    Commercial warehouse with office, barn, and barber shop.

    208 Railroad Street, Henryville, IN 47126

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    Custom Farmhouse on Wooded Acres
    $599,000
    4,837 SF
    Custom Farmhouse on Wooded Acres

    Secluded 7-bedroom farmhouse on 5 acres near Scott County Airport.

    546 W Leota Road, Scottsburg, IN 47170

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    Custom Home with Lake View
    $485,000
    2,208 SF
    Custom Home with Lake View

    Custom home on 52 acres with lake, pond, barns.

    2202 S Double Or Nothing Road, Scottsburg, IN 47170

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    Commercial Lot in Henryville Heart
    $103,900
    0.64 Acres
    Commercial Lot in Henryville Heart

    0.64 acre commercial lot with garage in Henryville.

    109 Railroad Street, Henryville, IN 47126

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    Off-Market Properties in Underwood, IN

    Consider similar Off-Market properties in Underwood, IN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    5805 Us Hwy 31
    COMMERCIAL (GENERAL)
    2,396 SF Lot: 0.20 Acres
    Value Estimation by Request

    5805 Us Hwy 31, Underwood, IN 47177-6840

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    2756 Fairview Rd
    COMMERCIAL (GENERAL)
    2,400 SF Lot: 0.24 Acres
    Value Estimation by Request

    2756 Fairview Rd, Underwood, IN 47177-6707

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    6710 Bloomington Trl
    RESTAURANT
    4,936 SF Lot: 0.50 Acres
    Value Estimation by Request

    6710 Bloomington Trl, Underwood, IN 47177-6766

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    22923 Hwy 31st S
    COMMERCIAL (GENERAL)
    1,996 SF Lot: 0.47 Acres
    Value Estimation by Request

    22923 Hwy 31st S, Underwood, IN 47177-7101

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    22909 Hwy 31st S
    STORAGE YARD, OPEN STORAGE
    3,000 SF Lot: 2.00 Acres
    Value Estimation by Request

    22909 Hwy 31st S, Underwood, IN 47177-7101

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    278 County Line Rd
    AUTO REPAIR, GARAGE
    5,168 SF Lot: 9.66 Acres
    Value Estimation by Request

    278 County Line Rd, Underwood, IN 47177-6822

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    5276 Underwood Rd
    THEATER (MOVIE)
    2,800 SF Lot: 0.61 Acres
    Value Estimation by Request

    5276 Underwood Rd, Underwood, IN 47177

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    Hwy 31
    COMMERCIAL (GENERAL)
    7,200 SF Lot: 0.92 Acres
    Value Estimation by Request

    Hwy 31, Underwood, IN 47177

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    301 Henretty Rd
    COMMERCIAL (GENERAL)
    Lot: 19.99 Acres
    Value Estimation by Request

    301 Henretty Rd, Underwood, IN 47177

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    214 County Line Rd
    AUTO REPAIR, GARAGE
    4,152 SF Lot: 0.31 Acres
    Value Estimation by Request

    214 County Line Rd, Underwood, IN 47177-7142

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    County Line Rd
    OFFICE (GENERAL)
    2,064 SF Lot: 0.83 Acres
    Value Estimation by Request

    County Line Rd, Underwood, IN 47177

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    1749 Country Lk Rd
    STORAGE YARD, OPEN STORAGE
    320 SF Lot: 2.00 Acres
    Value Estimation by Request

    1749 Country Lk Rd, Underwood, IN 47177

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    Campbell St
    VACANT COMMERCIAL LAND
    Lot: 3.09 Acres
    Value Estimation by Request

    Campbell St, Underwood, IN 47177

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    Ww St
    THEATER (MOVIE)
    5,240 SF Lot: 0.13 Acres
    Value Estimation by Request

    Ww St, Underwood, IN 47177

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    Ww St
    VACANT COMMERCIAL LAND
    Lot: 1.78 Acres
    Value Estimation by Request

    Ww St, Underwood, IN 47177

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    I 65
    RETAIL STORES (PERSONAL SERVICES)
    4,320 SF Lot: 16.70 Acres
    Value Estimation by Request

    I 65, Underwood, IN 47177

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    I 65
    RETAIL STORES (PERSONAL SERVICES)
    4,320 SF Lot: 2.72 Acres
    Value Estimation by Request

    I 65, Underwood, IN 47177

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    Underwood, IN Commercial Real Estate Market Trends and Statistics

    Explore 18 commercial real estate for sale in Underwood, IN on our real estate platform. These investment opportunities span a total of 2,944 square feet of properties for sale, with an estimated market value of $550,000.

    Sale prices for business properties in Underwood, IN start at $550,000, averaging $550,000, and reaching up to $550,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 1,960
    Population Growth (5Y) +79.5%
    Median Household Income $75,993
    College Educated 31.4%

    High-Yield Neighborhoods for Investment

    Identify Underwood submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    47177 $550K

    Taxes & Financing

    Tax Rate (average for all types) 1.52%
    Property Tax per SF $38.05 per SF
    Average Loan-to-Value 65.0%

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