Property summary
This exceptional 0.4-acre property, located at 302 Elm Street in Clinton, Indiana, presents a unique investment opportunity. Situated on a prominent corner lot within Clinton's vibrant Business District, this former gas station offers significant redevelopment potential. The ample onsite parking provides a considerable advantage for any future business venture. The property's size and location make it ideal for a variety of commercial uses, from retail establishments to service businesses. The existing structure, while a former gas station, provides a solid foundation for renovation or demolition, depending on the chosen development plan. The substantial lot size allows for ample space for expansion or the addition of complementary structures. This property is priced competitively at $150,000, reflecting its significant upside potential. Given its prime location and considerable size, this property is poised for substantial growth and return on investment. Serious inquiries are encouraged to explore the possibilities of this exceptional commercial property. The property is conveniently located within Clinton's Business District, offering easy access to major thoroughfares and a high volume of daily traffic. This presents a significant opportunity for businesses seeking high visibility and accessibility. The substantial lot size offers flexibility in development plans, allowing for customization to suit a variety of commercial needs. Don't miss this chance to acquire a prime piece of commercial real estate in a thriving Indiana community.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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