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

    5028 Us Highway 31 Seymour, IN 47274

    For Sale
    $425,000

    High-traffic location, versatile retail space.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    307
    This exceptional commercial property, located at 5028 N US Highway 31 in Seymour, Indiana, presents a unique investment opportunity. The main building offers approximately 5,000 square feet of retail space, featuring a rustic interior design. The layout includes large open areas ideal for display, multiple partitioned rooms for diverse uses, a dedicated office area, fitting rooms, a well-equipped storage room with shelving, a convenient kitchenette, and two bathrooms. The property sits on a sizable 0.85-acre lot, providing ample parking for customers and employees. Adding to its functionality is a detached 24x20 pole barn, offering an additional 480 square feet of storage or workshop space. Its prime location at the corner of Highway 31 and Montgomery Lane ensures high visibility and accessibility. The property benefits from its proximity to major transportation arteries, being a quarter-mile from the Highway 50/31 intersection and less than a mile from I-65 access, guaranteeing convenient access for both local and regional customers. This versatile space is perfect for a variety of retail businesses and presents a strong potential for significant return on investment. The asking price is $425,000.

    Property Features for 5028 Us Highway 31

    General Information

    Property type
    Retail properties
    Lot Size
    37,026 SF

    Building Details

    Year Built
    1991
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail properties

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Wholesale Shop Hair Salon Auto Repair Shop Gym & Fitness Auto Parts Store Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Seymour
    County
    Jackson
    State
    Indiana
    Longitude
    -85.83524
    Latitude
    38.95552

    Nearby Similar for Sale

    • New
      Contact for pricing
      79.00 Acres

      Event Center and Tasting Room

      79-acre event center with vineyard, farm ground, and amphitheater.
      6361 N County Road 760 E, Seymour, IN 47274
      View Details
    • $695,000
      Pending

      Downtown Seymour Mixed-Use Buildings

      Cornerstone of downtown Seymour with income potential.
      200 W 2Nd St, Seymour, IN 47274
      View Details
    • Contact for pricing
      Pending

      Seymour Homestead with I-65 Frontage

      98.1-acre Seymour property featuring a homestead and multiple outbuildings.
      6693 N County Road 1000 E, Seymour, IN 47274
      View Details
    • $1,300,000
      Pending

      Seymour Farm with Pasture and Woods

      177+ acre farm with farmhouse, pasture, and woods.
      8515 N County Road 100 W, Seymour, IN 47274
      View Details
    • $299,000
      2,356 SF

      Spacious Home on Large Lot

      Four-bedroom home with ample space on a generous lot.
      1661 Killion Ave, Seymour, IN 47274
      View Details
    • $435,000

      Downtown Seymour Business Opportunity

      Thriving Seymour, IN Investment
      313-319 St Louis Ave, Seymour, IN 47274
      View Details

    FAQs

    What type of property is this?
    Retail property - High-traffic location, versatile retail space.
    Where is this retail property located?
    The property is located at 5028 Us Highway 31 Seymour, IN.
    What is the asking price?
    The asking price for this property is $425,000.
    (812) 352-6300
    Request Owner's contact information
    5028 Us Highway 31 Seymour, IN 47274
    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.
    5028 Us Highway 31
    Seymour, IN 47274
    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
    5028 Us Highway 31 Seymour, IN 47274
    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.