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    4026 W Us Highway 50 Mitchell, IN 47421

    For Sale
    $179,900

    Industrial - Mitchell, IN

    Type:Industrial
    Lot size:
    1.30 Acres
    Days on Market:
    28
    Last Refresh:
    Dec 5 at 6:06 am

    Property Features for 4026 W Us Highway 50

    General Information

    Property type
    Commercial Sale
    Property subtype
    Industrial
    Standard status
    Active
    Rooms
    Bathroom 1, Kitchen, Office
    Bathrooms
    1
    APN
    47-12-34-300-058.000-013
    Parking
    15
    Interior features
    Drywall, 220 Volts, Overhead Door 2
    Exterior features
    220 Volts, Overhead Door 2
    Lot size
    1.30 Acres

    Utilities

    Heating system
    Electric (Heating), Heat Pump (Heating)
    Cooling system
    Central Air, Heat Pump

    Building Details

    Year built
    1996
    Floors in Building
    1
    Flooring type
    Concrete, Vinyl
    Roof type
    Metal
    Architectural style
    Other

    RE/MAX Acclaimed Properties (812) 332-3001 [email protected]

    Listing agent Gary West (812) 332-3001 License #RB14041197

    Listing date Nov 8, 2025

    MLS# 202531215 Listing URL

    Copyright © 2025 Indiana Uplands Realtor® Association. 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 Commercial Property on US 50

    Located on US 50 W, this 1.3-acre property offers visibility and potential for various business uses. The property includes four pole buildings. The main building features a kitchen, a full bathroom, two private office spaces, and an open foyer area. It is equipped with heat and air conditioning, a hot water heater, and internet access. The second building is a 480 square foot two-car garage with concrete floors and two overhead doors. The third building measures 24 x 16, is insulated, has a concrete floor, heat, 220 electric, and an overhead door. The fourth building is 28 x 70 with a gravel floor. This property is suited for ventures such as car sales, a mechanic's shop, roadside retail, or a seasonal fruit stand.
    Property Profile Location Intelligence

    Current Use by Public Records

    Auto shops

    Suggested Use

    Realty agency HVAC Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Mitchell
    County
    Lawrence
    State
    Indiana
    Longitude
    -86.620959
    Latitude
    38.734889

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    FAQs

    What type of property is this?
    Auto shop - 1.3-acre property with multiple buildings, ideal for various business uses.
    Where is this auto shop located?
    The property is located at 4026 W Us Highway 50 Mitchell, IN.
    What is the asking price?
    The asking price for this property is $179,900.
    What are key features of this property?
    This property features: - High-visibility 1.3-acre property directly on US 50 W, ideal for business use.; - Four pole buildings included, offering versatile space for various business operations.; - Main building equipped with kitchen, full bathroom, two private offices, heat, A/C, and internet.
    (812) 332-3001
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    Mitchell, IN 47421
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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
    4026 W Us Highway 50 Mitchell, IN 47421
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