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    10924 Saint Johns Rd Borden, IN 47106

    For Sale
    $695,000

    Prime 14-acre development opportunity in Borden, IN.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    314
    This exceptional 13.85-acre property, located at 10924 Saint Johns Road in Borden, Indiana, presents a unique investment opportunity. The site boasts a total of 11,955 square feet of existing buildings, although these structures require complete renovation or new construction. Currently, there are no active utilities connected to the buildings. A lease is in place for portions of the land, encompassing model aircraft activities and agricultural crop cultivation. However, the buildings themselves are not currently leased. The property's versatile nature lends itself to a wide range of development possibilities. Imagine transforming this expansive site into a stunning wedding venue, a vibrant restaurant, or a thriving brewery. Alternatively, the acreage could be subdivided for residential development, creating a desirable residential community. The property's convenient access from Star Valley Way ensures excellent visibility and accessibility. This is a blank canvas for a visionary developer seeking to capitalize on the potential of this substantial land parcel in a desirable location. The asking price is $695,000, reflecting the significant development potential and the substantial acreage involved. This presents a rare chance to acquire a large tract of land with existing structures, offering flexibility and significant upside for the right investor.

    Property Features for 10924 Saint Johns Rd

    General Information

    Property type
    Investment properties
    Lot Size
    603,306 SF

    Building Details

    Year Built
    1978
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Investment properties

    Suggested Use

    Building Supply Wholesale Shop Hotel & Motel Gym & Fitness Food Market Grocery Store Bar & Pub Wine and Liquor Store Pet Store Pet Supply Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Borden
    County
    Clark
    State
    Indiana
    Longitude
    -85.94057
    Latitude
    38.42645

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    FAQs

    What type of property is this?
    Investment property - Prime 14-acre development opportunity in Borden, IN.
    Where is this investment property located?
    The property is located at 10924 Saint Johns Rd Borden, IN.
    What is the asking price?
    The asking price for this property is $695,000.
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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
    10924 Saint Johns Rd Borden, IN 47106
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