Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    3508 Sr 7 Madison, IN 47250

    For Sale
    $525,000

    6.76 Acres, Highway Frontage, M2 Zoning

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    314
    This exceptional 6.76-acre property at 3508 N Sr 7 in Madison, Indiana, presents a unique investment opportunity. The site boasts an existing office building and a substantial garage featuring two access doors and a convenient loading dock, perfectly suited for industrial or commercial operations. Its strategic location offers significant advantages, including direct frontage on a state highway, ensuring easy access for semi-trucks and heavy vehicles. The property's M2-Heavy Industrial zoning allows for a wide range of potential uses. The existing infrastructure includes the benefit of 3-phase electric service, simplifying the setup for various industrial equipment. Ample space is available for maneuvering and storage, making this an ideal location for businesses requiring significant yard space. The sale is offered without contingencies. Please note that certain items on the property, including tenant contents, a mobile trailer, the existing corn/soybean crop, and an iron awning, are not included in the sale. This property is priced at $525,000 and offers a compelling combination of existing structures, prime location, and substantial land area. Serious inquiries only.

    Property Features for 3508 Sr 7

    General Information

    Property type
    Office Properties & Spaces
    Lot Size
    294,466 SF

    Building Details

    Year Built
    1970
    Property Profile Location Intelligence

    Current Use by Public Records

    Office Properties & Spaces

    Suggested Use

    Building Supply Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Madison
    County
    Jefferson_IN
    State
    Indiana
    Longitude
    -85.43232
    Latitude
    38.78975

    Nearby Similar for Sale

    • $447,500
      2,850 SF

      Secluded Wooded Acres with Custom Home

      11.59 acres with custom home, stocked pond, wooded trails.
      6164 Mckay Rd, Madison, IN 47250
      View Details
    • $1,599,000

      Historic Downtown Mixed-Use Investment Property

      Fully renovated, income-producing mixed-use property in Historic Downtown Madison.
      323 E Main St, Madison, IN 47250
      View Details
    • $2,000,000
      682 SF

      Scooter’s Coffee NNN Asset

      682 SF Scooter’s Coffee in Madison, IN For Sale.
      335 Clifty Dr, Madison, IN 47250
      View Details
    • $215,000
      0.48 Acres

      3 patient rooms

      Nurses Station
      3400 Sr 56, Madison, IN 47250
      View Details
    • $399,900
      4,700 SF

      Madison Retail Gem - Main Street

      Historic Downtown Madison Retail Space
      108 Main St, Madison, IN 47250
      View Details
    • $325,000

      Downtown Madison Retail Gem

      Three-story brick building, workshop included.
      301 Jefferson St, Madison, IN 47250
      View Details

    FAQs

    What type of property is this?
    Office Property / Space - 6.76 Acres, Highway Frontage, M2 Zoning
    Where is this office property / space located?
    The property is located at 3508 Sr 7 Madison, IN.
    What is the asking price?
    The asking price for this property is $525,000.
    (812) 273-1234
    Request Owner's contact information
    3508 Sr 7 Madison, IN 47250
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    3508 Sr 7
    Madison, IN 47250
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    3508 Sr 7 Madison, IN 47250
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.