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    107 Anderson St Sandborn, IN 47578

    For Sale
    Contact for pricing

    Prime Sandborn location, versatile commercial space.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    309
    This attractive commercial property, situated at 107 S Anderson Street in Sandborn, Indiana, presents a unique investment opportunity. Priced at $22,500, this building offers significant potential for a variety of uses. The property sits on a 0.04-acre lot and boasts a spacious layout ideal for adaptation. Previously utilized as a hair salon, the building features a large, open room bathed in natural light, creating a welcoming and airy atmosphere. This main area is complemented by a convenient half bath and an additional room, providing flexibility for expansion or specialized use. The building's central Sandborn location ensures high visibility and accessibility, making it an excellent choice for entrepreneurs seeking a well-positioned commercial space. The property's versatility allows for a range of business ventures, from retail to office space, or even a return to its previous use as a salon. The ample natural light and existing layout offer a solid foundation for immediate occupancy and customization. This is a rare opportunity to acquire a well-located commercial building at an attractive price point in the heart of Sandborn. Serious inquiries are encouraged to explore the possibilities this property offers. The square footage is not currently available.

    Property Features for 107 Anderson St

    General Information

    Property type
    Other commercial real estate
    Lot Size
    1,742 SF

    Building Details

    Year Built
    1913
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Building Supply Wholesale Shop HVAC Service Convenience Store Pawn Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Sandborn
    County
    Knox
    State
    Indiana
    Longitude
    -87.18694
    Latitude
    38.89709

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    FAQs

    What type of property is this?
    Commercial real estate - Prime Sandborn location, versatile commercial space.
    Where is this commercial real estate located?
    The property is located at 107 Anderson St Sandborn, IN.
    What is the asking price?
    The asking price for this property is $22,500.
    (812) 254-5204
    Request Owner's contact information
    107 Anderson St Sandborn, IN 47578
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    Sandborn, IN 47578
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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
    107 Anderson St Sandborn, IN 47578
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