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    15400 State Road 60 Borden, IN 47106

    For Sale
    Contact for pricing

    Lease: 875 sq ft Shop/Warehouse

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    308
    This exceptional commercial property, located at 15400 State Road 60 in Borden, Indiana, offers a versatile 875 square foot (25' x 35') shop or warehouse space ideal for a variety of small business needs or storage. The unit features a separate entrance, ensuring convenient access and privacy. Recent upgrades include new LED lighting and a new concrete floor, providing a bright, clean, and functional workspace. A large 12' x 12' sliding door leads to a rear gated parking lot, offering secure access and ample space for loading and unloading. The monthly lease rate is $450, plus electricity, with the exact cost dependent on tenant usage. This property presents a fantastic opportunity for entrepreneurs seeking a well-maintained and conveniently located space to establish or expand their business. Additional storage options, including exterior RV storage, are also available. Interested parties should visit the BIG RED ONE STORAGE website for registration or contact information. The property is conveniently located on State Road 60 in Borden, Indiana.

    Property Features for 15400 State Road 60

    General Information

    Property type
    Other commercial real estate
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Building Supply Wholesale Shop Auto Repair Shop Clothing Store Nail Salon Hotel & Motel Electrical Service Tailor Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Borden
    County
    Clark
    State
    Indiana
    Longitude
    -85.86332
    Latitude
    38.44558

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    FAQs

    What type of property is this?
    Commercial real estate - Lease: 875 sq ft Shop/Warehouse
    Where is this commercial real estate located?
    The property is located at 15400 State Road 60 Borden, IN.
    What is the asking price?
    The asking price for this property is $450.
    (812) 944-7024
    Request Owner's contact information
    15400 State Road 60 Borden, IN 47106
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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
    15400 State Road 60 Borden, IN 47106
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