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    County Road 1240 Seymour, IN 47274

    For Sale
    $325,000

    Two shops, 2.56 acres, ready to work!

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    309
    This exceptional 2.56-acre property in Seymour, Indiana, presents a unique opportunity for a discerning buyer. The land boasts two well-equipped shops, perfect for a mechanic or any tradesperson seeking ample workspace. One shop, constructed around 1996, offers over 1,600 square feet of space, while the newer addition, built in 2020, provides an additional 1,200 square feet. Both shops are equipped with gas heating, ensuring a comfortable working environment year-round. A septic tank is already in place, simplifying utility connections. The property also includes an owned propane tank that will convey with the sale. Currently zoned agricultural, the property offers significant potential for future development. A completed survey is available, streamlining the process for any prospective buyer. While currently zoned agricultural, a zoning change would be required for commercial use, opening up a wide range of possibilities. This versatile property combines existing infrastructure with significant expansion potential, making it an ideal investment for those seeking a ready-to-use workspace with room to grow. The property is also listed separately as vacant land under MLS # 202409085.

    Property Features for County Road 1240

    General Information

    Property type
    Other commercial real estate
    Lot Size
    111,514 SF

    Building Details

    Year Built
    1996
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Seymour
    County
    Jackson
    State
    Indiana
    Longitude
    -85.81001
    Latitude
    38.88648

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    FAQs

    What type of property is this?
    Commercial real estate - Two shops, 2.56 acres, ready to work!
    Where is this commercial real estate located?
    The property is located at County Road 1240 Seymour, IN.
    What is the asking price?
    The asking price for this property is $325,000.
    (812) 565-9048
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    County Road 1240 Seymour, IN 47274
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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.

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    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
    County Road 1240 Seymour, IN 47274
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