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    9351 Highway 150 Greenville, IN 47124

    For Sale
    $980,000

    7 Buildings, 2.5 Acres, High Income Potential

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    306
    This exceptional 2.5-acre Greenville, IN commercial property presents a remarkable investment opportunity. The property boasts seven distinct structures, offering diverse income streams and significant expansion potential. A large mechanic shop, featuring five bays and ample equipment, is complemented by a substantial office space with potential for expansion. Two residential homes are included

    Property Features for 9351 Highway 150

    General Information

    Property type
    Office Properties & Spaces
    Lot Size
    109,336 SF

    Building Details

    Year Built
    2009
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office Properties & Spaces

    Suggested Use

    Restaurant Building Supply Auto Repair Shop Nail Salon Auto Parts Store Department Store Storage Facility Garden Center Discount Store Electronics Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Greenville
    County
    Floyd
    State
    Indiana
    Longitude
    -85.98171
    Latitude
    38.36922

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    FAQs

    What type of property is this?
    Office Property / Space - 7 Buildings, 2.5 Acres, High Income Potential
    Where is this office property / space located?
    The property is located at 9351 Highway 150 Greenville, IN.
    What is the asking price?
    The asking price for this property is $980,000.
    (812) 948-2888
    Request Owner's contact information
    9351 Highway 150 Greenville, IN 47124
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    Greenville, IN 47124
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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
    9351 Highway 150 Greenville, IN 47124
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