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    1000 W Market St Salem, IN 47167

    Pending
    For Sale
    $200,000

    Commercial Land - Salem, IN

    Lot size:
    4.53 Acres
    Days on Market:
    40
    Last Refresh:
    Dec 8 at 9:06 pm

    Property Features for 1000 W Market St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Pending
    APN
    88-24-18-443-041.000-022
    Exterior features
    Pole Barn
    Lot size
    4.53 Acres

    Building Details

    Architectural style
    Other
    Additional Structures
    Barn(s)

    Mainstreet Realtors (812) 883-9555 [email protected]

    Listing agent Mary McCoskey Finkle (812) 883-9555 License #AD51424708

    Listing date Oct 30, 2025

    MLS# 202402531 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

    Commercial Land with Garage/Office

    This commercial land listing features a 54x48 garage with a 12x32 upstairs office. The garage includes two 12' rollup doors and one service door, with electric and water utilities available. Natural gas is also accessible. The property, located in Salem, IN, spans 4.53 acres and is characterized by a flat to gently rolling terrain, offering good building sites. It benefits from ample road frontage and parking. The building is well insulated. Located in Washington County.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Salem
    County
    Washington
    State
    Indiana
    Longitude
    -86.113189
    Latitude
    38.60389

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    FAQs

    What type of property is this?
    Land - 4.53 acres of commercial land with garage and office.
    Where is this land located?
    The property is located at 1000 W Market St Salem, IN.
    What is the asking price?
    The asking price for this property is $200,000.
    What are key features of this property?
    This property features: - Large 54x48 garage featuring two 12' rollup doors and a service door.; - Benefit from the 12x32 upstairs office within the garage.; - Garage equipped with electric and water; natural gas available.
    (812) 883-9555
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    1000 W Market St Salem, IN 47167
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    Salem, IN 47167
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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
    1000 W Market St Salem, IN 47167
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