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    631 Kimmell Rd Vincennes, IN 47591

    For Sale
    $899,999

    One-acre lot, C3 zoning, near Walmart.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    308
    This exceptional one-acre commercial lot presents a remarkable investment opportunity in Vincennes, Indiana. Strategically located on Kimmell Road, this property enjoys high visibility and accessibility, situated directly across from a Walmart Supercenter. The C3 General Commercial zoning allows for a wide range of development possibilities, making it ideal for retail businesses seeking a high-traffic location. The lot's size provides ample space for construction, ensuring flexibility in design and functionality. City water and sewer services are readily available, simplifying the development process. Currently vacant, this land offers a clean slate for building your dream commercial project. Annual property taxes are exceptionally low at $201.10, representing a significant advantage for potential buyers. The property's prime location and versatile zoning make it an attractive proposition for investors and entrepreneurs alike, promising strong returns and significant growth potential. Don't miss this chance to acquire a highly desirable commercial lot in a thriving area. Contact us today to learn more.

    Property Features for 631 Kimmell Rd

    General Information

    Property type
    Other commercial real estate
    Lot Size
    43,560 SF

    Building Details

    Year Built
    1952
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Vincennes
    County
    Knox
    State
    Indiana
    Longitude
    -87.50262
    Latitude
    38.66154

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    FAQs

    What type of property is this?
    Commercial real estate - One-acre lot, C3 zoning, near Walmart.
    Where is this commercial real estate located?
    The property is located at 631 Kimmell Rd Vincennes, IN.
    What is the asking price?
    The asking price for this property is $899,999.
    (812) 882-4444
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    631 Kimmell Rd Vincennes, IN 47591
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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
    631 Kimmell Rd Vincennes, IN 47591
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