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    307 7 St Sullivan, IN 47850

    For Sale
    $180,000

    Prime Sullivan location, 2920 sq ft, .75 acre lot.

    Property size:
    2,920 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    309
    This exceptional industrial property, located at 307 S 7th Street in Sullivan, Indiana, presents a unique opportunity for business owners. The property encompasses a substantial 2,920 square feet of space situated on a generous 0.75-acre lot. Currently utilized for pallet manufacturing, this turnkey operation offers immediate potential for continued use in the same industry or adaptation to a variety of other industrial applications. The property consists of two buildings, and the seller will subdivide approximately 0.75 to 1 acre of land to accompany the sale. This allows for flexibility in configuring the property to meet specific business needs. While the current owners operate a family-run pallet manufacturing business on the site, the sale of the business and its equipment is negotiable directly with the current owners, providing prospective buyers with the option of acquiring the established business or simply purchasing the real estate. The property's strategic location in Sullivan, Indiana, offers convenient access to transportation routes and essential infrastructure, making it an ideal location for a variety of industrial enterprises. The asking price for this versatile and well-situated industrial property is $180,000. This represents a compelling investment opportunity for those seeking a ready-to-go industrial space or a platform to establish a new venture.

    Property Features for 307 7 St

    General Information

    Property type
    Industrial properties
    Square Feet
    2,920 SF
    Lot Size
    32,670 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Industrial properties

    Suggested Use

    Restaurant Realty agency Building Supply Dental Office Spa & Massage Wholesale Shop Hair Salon Auto Repair Shop Nail Salon Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Sullivan
    County
    Sullivan
    State
    Indiana
    Longitude
    -87.4048
    Latitude
    39.2506

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    FAQs

    What type of property is this?
    Industrial property - Prime Sullivan location, 2920 sq ft, .75 acre lot.
    Where is this industrial property located?
    The property is located at 307 7 St Sullivan, IN.
    What is the asking price?
    The asking price for this property is $180,000.
    (812) 235-4433
    Request Owner's contact information
    307 7 St Sullivan, IN 47850
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    Sullivan, IN 47850
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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
    307 7 St Sullivan, IN 47850
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