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    966 Aigner Dr Boonville, IN 47601

    For Sale
    $400,000

    Income-producing property, Hwy frontage, two buildings.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    312
    This exceptional commercial property at 966 and 988 Aigner Drive in Boonville, Indiana, presents a unique investment opportunity. The 0.4-acre lot boasts two buildings, including an income-generating billboard with separate highway access. The main building, 966 Aigner Drive, underwent a complete structural overhaul in 2020. This included the installation of a micro-beam system, new electrical wiring, plumbing, and HVAC systems. A second-story space, previously an apartment, is currently gutted and ready for finishing, offering significant potential for additional income streams. The building was custom-designed and is currently utilized as a successful dog daycare, grooming, boarding, and training facility. This established business, with over 10 years of operation and a loyal customer base, is also available for purchase. Industry reports and the SBA have recognized dog services as a recession-proof business model. The property enjoys a prime location directly across the highway from The Edge development project, ensuring high visibility and accessibility. This versatile property offers a compelling combination of existing income, development potential, and a strategic location, making it an ideal investment for discerning buyers.

    Property Features for 966 Aigner Dr

    General Information

    Property type
    Other commercial real estate
    Lot Size
    17,424 SF

    Building Details

    Year Built
    1982
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Encountering Hope Ministries Social Services Organization Main Street Pet ... Pet Groomer One Source Sales ... Marketing Agency Dr. David Phillips Optometrist

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Boonville
    County
    Warrick
    State
    Indiana
    Longitude
    -87.31008
    Latitude
    38.04758

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    FAQs

    What type of property is this?
    Commercial real estate - Income-producing property, Hwy frontage, two buildings.
    Where is this commercial real estate located?
    The property is located at 966 Aigner Dr Boonville, IN.
    What is the asking price?
    The asking price for this property is $400,000.
    (812) 434-1239
    Request Owner's contact information
    966 Aigner Dr Boonville, IN 47601
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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
    966 Aigner Dr Boonville, IN 47601
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