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    8965 E Us Hwy 50 Hwy Cannelburg, IN 47519

    New
    For Sale
    $260,000

    Vacant,Other, Other/Unknown - Cannelburg, IN

    Lot size:
    1.55 Acres
    Days on Market:
    4
    Last Refresh:
    Dec 10 at 5:06 pm

    Property Features for 8965 E Us Hwy 50 Hwy

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Commercial Potential
    Rooms
    Bathroom 1, Kitchen
    Bathrooms
    1
    APN
    14-08-30-400-020.000-001
    Parking
    3
    Parking features
    Garage, Off Street
    Interior features
    Drywall, 110 Volts, Living Space, Basement
    Exterior features
    110 Volts, Living Space, Basement
    Lot size
    1.55 Acres

    Utilities

    Heating system
    Forced Air, Natural Gas
    Cooling system
    Central Air

    Building Details

    Year built
    1937
    Floors in Building
    1
    Flooring type
    Vinyl, Wood
    Roof type
    Metal
    Architectural style
    Other

    Vic Hopkins Agency (812) 254-3253 [email protected]

    Listing agent Roger Callahan (812) 254-3253 License #RB25001044

    Listing date Dec 7, 2025

    MLS# 202548308 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

    Highway Frontage Commercial Land Opportunity

    This 1.55-acre property is located at the intersection of HWY 50 and CR 900 E in Cannelburg, Indiana. The site benefits from high traffic volume, with between 6,700 and 9,100 vehicles traversing the intersection daily. The property includes a modest home featuring 2 bedrooms, 1 full bath, a living room, a functional kitchen/dining combo, a wash room, front and back covered porches, and a dry storage basement with utilities. A 2-car garage is located off the gravel driveway. The property is currently zoned R-1 and would be subject to zone variance approval for commercial use. Additional adjacent acreage is available, zoned A-1, to accommodate a broader range of commercial development. This location offers commercial potential due to its highway frontage.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Cannelburg
    County
    Daviess
    State
    Indiana
    Longitude
    -86.999194
    Latitude
    38.663062

    FAQs

    What type of property is this?
    Commercial land - 1.55 acre commercial land with high traffic highway frontage.
    Where is this commercial land located?
    The property is located at 8965 E Us Hwy 50 Hwy Cannelburg, IN.
    What is the asking price?
    The asking price for this property is $260,000.
    What are key features of this property?
    This property features: - 1.55 acre property at a busy, improved intersection (HWY 50 and CR 900 E).; - High traffic count: Between 6,700 and 9,100 vehicles daily.; - Zoned R-1 with potential for commercial use (subject to zone variance approval).
    (812) 254-3253
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    Cannelburg, IN 47519
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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
    8965 E Us Hwy 50 Hwy Cannelburg, IN 47519
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