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    9530 W State Road 56 French Lick, IN 47432

    For Sale
    $4,600,000

    Commercial Land - French Lick, IN

    Lot size:
    2.91 Acres
    Days on Market:
    28
    Last Refresh:
    Dec 15 at 8:06 am

    Property Features for 9530 W State Road 56

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    59-12-09-600-053.002-002
    Lot size
    2.91 Acres

    Building Details

    Architectural style
    Other

    Brooks Galloway Real Estate (812) 936-7301

    Listing agent Brooks Galloway (812) 936-7301

    Listing date Nov 18, 2025

    MLS# 202441774 Listing URL

    Copyright © 2025 Bedford Board 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

    Comfort Suites in French Lick

    The Comfort Suites property, located at 9530 W State Road 56 in French Lick, Indiana, presents an opportunity for qualified operators and investors. The property features 80 rooms, a dining area, an indoor swimming pool, a business center, and a meeting room. A Major Property Improvement Program (PIP) has been completed, along with a new roof and gutters, and new furniture and TVs. Situated on a 2.905-acre lot, the property is located minutes away from the French Lick Resort Casino, West Baden Springs Hotel, Big Splash Water Park, Paoli Peaks Ski Resort, and Patoka Lake. Guests can access golf, casino entertainment, boating and fishing, water and winter skiing, bowling, the Hoosier National Forest, and various dining options. The property's business is increasing after the PIP completion.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Hotels

    Suggested Use

    Restaurant Realty agency Spa & Massage Dental Office Auto Repair Shop Hair Salon Nail Salon Hotel & Motel Storage Facility Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    French Lick
    County
    Orange
    State
    Indiana
    Longitude
    -86.637533
    Latitude
    38.534269

    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Hotel - Comfort Suites near French Lick Resort Casino and other attractions.
    Where is this hotel located?
    The property is located at 9530 W State Road 56 French Lick, IN.
    What is the asking price?
    The asking price for this property is $4,600,000.
    What are key features of this property?
    This property features: - Recently completed major property improvement program (PIP) and new roof/gutters.; - 80 rooms with all new furniture and TVs.; - Proximity to French Lick Resort Casino and West Baden Springs Hotel.
    (812) 936-7301
    Request Owner's contact information
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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
    9530 W State Road 56 French Lick, IN 47432
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