483 Mt Zion Rd, Vincennes, IN 47591-9683
This exceptional commercial property, located at 483 N Mount Zion Road in Vincennes, Indiana, presents a significant investment opportunity. The property encompasses a substantial 16,000+ square feet of industrial space ideally suited for a variety of uses, previously operating as a recycling center. The expansive 4.49-acre lot provides ample room for expansion, maneuvering, and potential future development. In addition to the generous industrial space, the property includes a 1,900 square foot office area, offering comfortable and functional administrative space. Its strategic location offers convenient access to key transportation arteries. The property is situated a mere 20 minutes from Interstate 69 and within a 45-minute commute of Crane, Indiana. Currently zoned A2 (Non-exclusive Agricultural), the property benefits from grandfathered 'Industrial' rights, ensuring continued operational flexibility. This combination of size, location, and existing infrastructure makes this property an attractive prospect for businesses seeking a well-established and versatile industrial space in a growing area. The asking price is $700,000. Serious inquiries are encouraged.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.