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    9 N Old State Rd 156 Hwy Patriot, IN 47038

    For Sale
    $179,900

    Residential Land - Patriot, IN

    Lot size:
    4.04 Acres
    Days on Market:
    73
    Last Refresh:
    Dec 7 at 11:06 pm

    Property Features for 9 N Old State Rd 156 Hwy

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Lot size
    4.04 Acres

    Building Details

    Architectural style
    Other

    Land Pro Realty (317) 753-8627

    Listing agent Khloe Anderson (317) 753-8627 License #RB16001257

    Listing date Sep 26, 2025

    MLS# 202445228 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

    Ohio Riverfront Commercial Land Opportunity

    This 4.042-acre commercial land, identified as Tract 9, presents an opportunity for investment with frontage on the Ohio River. The property includes a structure, formerly the historic Walcott General Store, that retains its character and charm and has been recently painted. The location provides access to Cincinnati, Madison, and Louisville. The property is suited for commercial ventures ranging from retail to hospitality, or a mixed-use project. It offers a head start for development with existing infrastructure. Situated along the Ohio River, between Patriot and Rising Sun, the property combines accessibility with views. Access is provided to a 3+ acre common area with a private boat ramp. Adjacent properties are available for expansion into residential or recreational spaces. The seller provides a survey at closing. Short-term owner financing is available, and trade options may be considered.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Patriot
    County
    Switzerland
    State
    Indiana
    Longitude
    -84.832265
    Latitude
    38.89575

    FAQs

    What type of property is this?
    Commercial land - 4.042-acre commercial land with Ohio River frontage and renovation-ready structure.
    Where is this commercial land located?
    The property is located at 9 N Old State Rd 156 Hwy Patriot, 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: - Prime Ohio River frontage strategically located between Patriot & Rising Sun.; - 4.042+/- acres ideal for commercial ventures, retail, hospitality, or mixed-use development.; - Unique structure (formerly Walcott General Store) ready for renovation or redevelopment.
    (317) 753-8627
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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
    9 N Old State Rd 156 Hwy Patriot, IN 47038
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