Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    11499 W Nobles Chapel Rd Elberfeld, IN 47613

    For Sale
    $1,795,000

    Mixed Use - Elberfeld, IN

    Type:Mixed Use
    Lot size:
    27.98 Acres
    Days on Market:
    215
    Last Refresh:
    Dec 5 at 11:06 am

    Property Features for 11499 W Nobles Chapel Rd

    General Information

    Property type
    Commercial Sale
    Property subtype
    Mixed Use
    Standard status
    Active
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Kitchen, Office
    Bathrooms
    7
    APN
    87-04-18-400-015.000-007
    Interior features
    Drywall, Public Restrooms, Reception Area, Clear Span, Refrigeration/Freezer
    Exterior features
    Public Restrooms, Reception Area, Clear Span, Refrigeration/Freezer
    Lot size
    27.98 Acres

    Utilities

    Heating system
    Forced Air
    Cooling system
    Central Air

    Building Details

    Year built
    2010
    Floors in Building
    1
    Flooring type
    Concrete
    Roof type
    Metal
    Architectural style
    Other

    RE/MAX Revolution (812) 664-0845 [email protected]

    Listing agent Tim Mason (812) 664-0845 License #RB14024551

    Listing date May 5, 2025

    MLS# 202516088 Listing URL

    Copyright © 2025 Southwest Indiana Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Versatile Mixed-Use Property on Acreage

    This property features a large 11,000 square foot mixed-use building, a 3,600 square foot home, and an additional 40 x 80 building, all situated on 27.978 acres. The location provides convenient access to major cities, positioned just off Interstate 64, offering easy routes to St. Louis and Louisville, KY, and close proximity to I-69 for Indianapolis, and only 20 minutes from Evansville. The mixed-use building is suitable for various purposes, including a retreat, music venue, or recording studio, and includes a 30 x 60 entertainment stage, several flexible rooms, parking, and a large kitchen area suitable for banquets or large events. The home, constructed in 2021, includes 4 bedrooms, 3 baths, a huge three-car attached garage, and a saltwater pool. Additionally, there is a 40 x 80 maintenance shop on the property.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    Suggested Use

    Restaurant Food Market Italian Restaurant Tailor Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Elberfeld
    County
    Warrick
    State
    Indiana
    Longitude
    -87.455599
    Latitude
    38.17179

    FAQs

    What type of property is this?
    Mixed-use property - Large mixed-use building, home, and shop on 27+ acres.
    Where is this mixed-use property located?
    The property is located at 11499 W Nobles Chapel Rd Elberfeld, IN.
    What is the asking price?
    The asking price for this property is $1,795,000.
    What are key features of this property?
    This property features: - Large 11,000 sq. ft. building suitable for multiple uses.; - Includes a separate 40 x 80 building and a 3,600 sq. ft. home with 4 bedrooms and 3 baths.; - Excellent location with easy access to major interstates.
    (812) 664-0845
    Request Owner's contact information
    11499 W Nobles Chapel Rd Elberfeld, IN 47613
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    11499 W Nobles Chapel Rd
    Elberfeld, IN 47613
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    11499 W Nobles Chapel Rd Elberfeld, IN 47613
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.