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    5183 E State Road 46 Bowling Green, IN 47833

    For Sale
    $40,000

    Retail - Bowling Green, IN

    Type:Retail
    Property size:
    1,365 SF
    Lot size:
    0.11 Acres
    Days on Market:
    57
    Last Refresh:
    Dec 5 at 6:06 pm

    Property Features for 5183 E State Road 46

    General Information

    Property type
    Commercial Sale
    Property subtype
    Retail
    Standard status
    Active
    Zoning
    Commercial
    APN
    110619200077000020
    Parking features
    On Street
    Size
    1,365 SF
    Lot size
    0.11 Acres

    Building Details

    Year built
    1912
    Architectural style
    Other

    Keller Williams Indy South (317) 884-5000 [email protected]

    Listing agent Mark Coffey (317) 884-5000 License #RB16000389

    Listing date Oct 10, 2025

    MLS# 22067594 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

    Bowling Green Retail Investment Opportunity

    This commercial property, situated on a corner lot on the main street of Bowling Green, Indiana, offers 1365 square feet of space. The layout includes a large 43x19 main room, two 7x6 private offices or booth spaces, and a 20x9 back room. The property is located at 5183 E State Road 46 in Clay County, with a zoning designation of Commercial. The lot size is 0.11 acres. This property presents an opportunity for commercial property ownership.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Auto Parts Store Travel Agency Breakfast

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

    Location Insight

    • Map
    • Local Demand
    City
    Bowling Green
    County
    Clay
    State
    Indiana
    Longitude
    -87.013042
    Latitude
    39.383277

    FAQs

    What type of property is this?
    Retail space - Commercial space on main street with income potential in Bowling Green.
    Where is this retail space located?
    The property is located at 5183 E State Road 46 Bowling Green, IN.
    What is the asking price?
    The asking price for this property is $40,000.
    What are key features of this property?
    This property features: - Commercial space on the main street in town.; - 1365 square feet of space.; - Corner lot location.
    (317) 884-5000
    Request Owner's contact information
    5183 E State Road 46 Bowling Green, IN 47833
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    Bowling Green, IN 47833
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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
    5183 E State Road 46 Bowling Green, IN 47833
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