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    36 Frst Ave Scottsburg, IN 47170

    For Sale
    $135,900

    High-traffic area, excellent retail/office space.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    315
    This exceptional commercial property, located at 36 Forest Avenue in Scottsburg, Indiana, presents a remarkable investment opportunity. Priced competitively at $135,900, this building boasts a prime location less than a mile from Interstate 65, ensuring high visibility and convenient access for customers and employees. Situated directly behind a Subway restaurant, it benefits from the high traffic generated by this established business. The building itself is well-maintained and constructed with high-quality materials, reflecting a commitment to durability and longevity. Recent updates include upgraded plumbing and electrical systems, enhancing efficiency and reliability. The property includes a gas furnace, central air conditioning, and an electric water heater, providing comfortable and cost-effective climate control. Additional storage space is available in the attic. The 0.4-acre lot offers ample space for potential expansion or outdoor activities. This property is ideally suited for a variety of retail or office uses, making it an excellent choice for entrepreneurs seeking a thriving location to establish their business. Its strategic position and recent improvements make this a truly compelling investment opportunity in the heart of Scottsburg. Don't miss out on this chance to own a well-maintained, high-traffic commercial property.

    Property Features for 36 Frst Ave

    General Information

    Property type
    Investment properties
    Lot Size
    17,424 SF

    Building Details

    Year Built
    1956
    Property Profile Location Intelligence

    Current Use by Public Records

    Investment properties

    Suggested Use

    Spa & Massage Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Scottsburg
    County
    Scott
    State
    Indiana
    Longitude
    -85.7834
    Latitude
    38.68631

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    FAQs

    What type of property is this?
    Investment property - High-traffic area, excellent retail/office space.
    Where is this investment property located?
    The property is located at 36 Frst Ave Scottsburg, IN.
    What is the asking price?
    The asking price for this property is $135,900.
    (812) 565-9048
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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
    36 Frst Ave Scottsburg, IN 47170
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