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    1313 Main St Paoli, IN 47454

    For Sale
    Contact for pricing

    Prime 0.18-acre lot, ideal for building or parking.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    314
    This auction presents a unique opportunity to acquire a 0.18-acre commercial lot situated at 1313 W Main Street, Paoli, Indiana. The property boasts frontage on W Main Street/US-150, offering excellent visibility and accessibility. Previously used as a home site, this parcel is now available for redevelopment. Its strategic location directly across from Tract #1 makes it particularly attractive for businesses seeking additional space for building expansion or employee parking. The lot's versatility allows for a range of development possibilities, from constructing a new building to providing ample parking for an adjacent commercial property. This property is being offered for sale individually, but there is also the option to purchase it in conjunction with Tract #1 (located at 1514 W Main St., Paoli) and/or Tract #2 (located at 1200 W Main St., Paoli). This presents a compelling opportunity for investors or businesses looking to consolidate their holdings in a high-traffic area of Paoli. The sale is conducted as an auction, offering a competitive and transparent process for acquiring this valuable commercial real estate. Don't miss this chance to secure a prime location in a growing Indiana community. The property's size and location make it an exceptional investment opportunity.

    Property Features for 1313 Main St

    General Information

    Property type
    Other commercial real estate
    Lot Size
    7,841 SF
    Property Profile Insight Report 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
    Paoli
    County
    Orange
    State
    Indiana
    Longitude
    -86.48357
    Latitude
    38.55641

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    FAQs

    What type of property is this?
    Commercial real estate - Prime 0.18-acre lot, ideal for building or parking.
    Where is this commercial real estate located?
    The property is located at 1313 Main St Paoli, IN.
    What is the asking price?
    The asking price for this property is $1.00.
    (812) 738-9476
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    1313 Main St Paoli, IN 47454
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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
    1313 Main St Paoli, IN 47454
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