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

    831 Main St NE Palmyra, IN 47164

    Picture of Commercial land at Main St NE 831, Palmyra, IN
    Under Contract
    For Sale
    $50,000

    Cross Property - Palmyra, IN

    Lot size:
    0.19 Acres
    Days on Market:
    2529
    Last Refresh:
    Dec 5 at 10:06 am

    Property Features for 831 Main St NE

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active Under Contract
    Zoning
    Residential,Commercial
    APN
    310319477002000014
    Lot size
    0.19 Acres

    Building Details

    Architectural style
    Other

    Bear Creek Realty (812) 620-2318 [email protected]

    Listing agent Jenise Rusby (812) 620-2318

    Listing date Jan 3, 2019

    MLS# 201808019 Listing URL

    Copyright © 2025 Southern Indiana REALTORS 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

    Palmyra, IN Vacant Commercial Lot

    This vacant commercial lot is located in the town of Palmyra, Indiana. The 0.19-acre lot is situated on Main Street NE, between the Post Office and the former Dollar General Store. The zoning is Residential and Commercial. The former Dollar General store is also for sale.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon Auto Parts Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Palmyra
    County
    Harrison
    State
    Indiana
    Longitude
    -86.1087237
    Latitude
    38.4071758

    Nearby Similar for Sale

    • $325,000
      0.48 Acres

      Prime Palmyra Restaurant Opportunity

      Established Restaurant, Turnkey Operation, 0.48 Acres
      850 Main St, Palmyra, IN 47164
      View Details
    • $175,000
      0.34 Acres

      Palmyra Business Opportunity: Historic Charm

      Unique 1900s building, renovated, ample parking.
      14285 Greene St, Palmyra, IN 47164
      View Details
    • $325,000
      0.33 Acres

      Palmyra Tavern & Building Investment

      Established Business, Income Potential, Living Quarters
      11550 Bradford Rd, Palmyra, IN 47164
      View Details
    • Contact for pricing

      Prime Palmyra Business Opportunity

      Historic building, multiple uses, highway frontage.
      640 Main St, Palmyra, IN 47164
      View Details

    FAQs

    What type of property is this?
    Commercial land - Vacant commercial lot in Palmyra, Indiana, near landmarks.
    Where is this commercial land located?
    The property is located at 831 Main St NE Palmyra, IN.
    What is the asking price?
    The asking price for this property is $50,000.
    What are key features of this property?
    This property features: - Vacant commercial lot ready for development.; - Located in the town of Palmyra.; - Situated between the Post Office and the former Dollar General Store.
    (812) 620-2318
    Request Owner's contact information
    831 Main St NE Palmyra, IN 47164
    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.
    831 Main St NE
    Palmyra, IN 47164
    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
    831 Main St NE Palmyra, IN 47164
    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.