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    2513 Lanier Dr Madison, IN 47250

    For Sale
    $148,000

    Prime Office Space, Garage, & Zoned for Business

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    315
    This exceptional commercial property at 2513 Lanier Drive in Madison, Indiana, presents a fantastic investment opportunity. The building, constructed of block and brick, offers versatile space ideal for a variety of businesses. The main building features office space, a convenient kitchenette, and two half bathrooms. Adding significant value is a large, 1041-square-foot garage equipped with an overhead door, perfect for storage, expansion, or additional workspace. The 0.17-acre lot provides ample space for operations. The property is zoned for local business use, allowing for a range of possibilities including home occupations, apartments, and retail (including grocery stores). Detailed permitted and conditional use information is available upon request. This prime location on a Madison hilltop offers excellent visibility and accessibility. The two yard barns are not included in the sale. Priced at $148,000, this property represents a compelling opportunity to establish or expand your business in a thriving community. Don't miss out

    Property Features for 2513 Lanier Dr

    General Information

    Property type
    Office Properties & Spaces
    Lot Size
    7,405 SF

    Building Details

    Year Built
    1971
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office Properties & Spaces

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Madison
    County
    Jefferson_IN
    State
    Indiana
    Longitude
    -85.41701
    Latitude
    38.77322

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Office Space, Garage, & Zoned for Business
    Where is this office property / space located?
    The property is located at 2513 Lanier Dr Madison, IN.
    What is the asking price?
    The asking price for this property is $148,000.
    (812) 274-0660
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    2513 Lanier Dr Madison, IN 47250
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    Madison, IN 47250
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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
    2513 Lanier Dr Madison, IN 47250
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