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    Us Highway 41 N Shelburn, IN 47879

    For Sale
    $449,900

    Commercial - Shelburn, IN

    Lot size:
    21.00 Acres
    Days on Market:
    60
    Last Refresh:
    Dec 7 at 4:06 am

    Property Features for Us Highway 41 N

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    -
    Exterior features
    Paved Street
    Lot size
    21.00 Acres

    Building Details

    Architectural style
    Other

    Remax Real Estate Associates (812) 235-4433 [email protected]

    Listing agent BOBBI BURNS (812) 235-4433 License #RB14029244

    Listing date Oct 9, 2025

    MLS# 107471 Listing URL

    Copyright © 2025 Terre Haute Area 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

    This commercial real estate offering features approximately 2000 feet of frontage on Highway 41, situated between a Casey's Gas Station and the Shelburn grain elevator. Access is available via a Highway 41 ingress/egress point, as well as from Washington Street, which intersects with Highway 48 at the Shelburn American Legion. A strip of the property extends along the railroad on the east side of Washington Street, potentially offering rail access for businesses requiring it. All city utilities can be connected to the property. The lot size is approximately 21 acres and is located in Shelburn, Indiana.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Shelburn
    County
    Sullivan
    State
    Indiana
    Longitude
    -87.406746
    Latitude
    39.165889

    Nearby Similar for Sale

    • $360,000
      11,572 SF

      2453 In-48

      Self storage facilities • 11,572 SF
      2453 In-48, Shelburn, IN 47879
      View Details

    FAQs

    What type of property is this?
    Commercial land - Prime commercial land with highway frontage and city utilities.
    Where is this commercial land located?
    The property is located at Us Highway 41 N Shelburn, IN.
    What is the asking price?
    The asking price for this property is $449,900.
    What are key features of this property?
    This property features: - Approximately 2000 feet of Highway 41 frontage.; - Highway 41 ingress/egress access point.; - Potential for rail access.
    (812) 235-4433
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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
    Us Highway 41 N Shelburn, IN 47879
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