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    221 E Pat Rady Way Bainbridge, IN 46105

    For Sale
    $139,900

    Unimproved Land - Bainbridge, IN

    Type:Unimproved Land
    Lot size:
    0.24 Acres
    Days on Market:
    63
    Last Refresh:
    Dec 7 at 5:06 am

    Property Features for 221 E Pat Rady Way

    General Information

    Property type
    Land
    Property subtype
    Unimproved Land
    Standard status
    Active
    Zoning
    C2 General Commercial
    APN
    670501303137000014
    Lot size
    0.24 Acres

    Building Details

    Architectural style
    Other

    RE/MAX Cornerstone (765) 653-7070 [email protected]

    Listing agent Zachary Nichols (765) 653-7070

    Listing date Oct 6, 2025

    MLS# 22048843 Listing URL

    Copyright © 2025 MIBOR Service Corporation. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Commercial Lot on US Highway 36

    This 0.24-acre commercial lot is located in Bainbridge, Indiana, and features over 135 feet of road frontage on US Highway 36. The property is situated minutes from Danville, which is experiencing rapid growth. Currently operating as a car dealership with over $900,000 in annual inventory sales for the past two years and projected to exceed $1 million this year, the lot includes a 5'x10' multipurpose advertising sign and a 35-foot flagpole displaying a 19'x10' American flag. A 12'x7' insulated utility shed, approximately three years old, serves as an office and is equipped with power, WiFi, electricity, heating, and cooling. Multiple power connections are available across the lot. The seller's financing model, loans, and inventory are excluded from the lot sale but are negotiable for a full business purchase. The property is zoned C2 General Commercial, making it suitable for continuing as a dealership or redevelopment for retail or service businesses. This high-traffic lot offers revenue potential in a growing region.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Faris auto LLC Ds Automobiles Dealer Mohcine auto Corporate Office

    Suggested Use

    Building Supply Wholesale Shop Auto Repair Shop Garden Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Bainbridge
    County
    Putnam
    State
    Indiana
    Longitude
    -86.809722
    Latitude
    39.762227

    FAQs

    What type of property is this?
    Commercial land - 0.24-acre commercial lot with high visibility on US Highway 36.
    Where is this commercial land located?
    The property is located at 221 E Pat Rady Way Bainbridge, IN.
    What is the asking price?
    The asking price for this property is $139,900.
    What are key features of this property?
    This property features: - High-traffic commercial lot with **135+ feet of frontage on US Highway 36**.; - Proven revenue potential as a car dealership with strong sales history.; - Located minutes from rapidly growing Danville, Indiana.
    (765) 653-7070
    Request Owner's contact information
    221 E Pat Rady Way Bainbridge, IN 46105
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    Bainbridge, IN 46105
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    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
    221 E Pat Rady Way Bainbridge, IN 46105
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