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    State Rd 362 Dr Nabb, IN 47147

    For Sale
    $175,000

    Spacious Commercial Lot with Three Buildings

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    307
    This exceptional 1.87-acre commercial property in Nabb, Indiana, presents a unique opportunity for businesses needing ample storage or workspace. The property features three buildings, offering a versatile configuration to suit diverse needs. The largest structure is a substantial 60x40-foot steel building, complete with a concrete floor, electricity, two large entry doors, and two propane heaters, ideal for equipment storage or workshops. A second building, a charming remnant from the 1950s, retains its original character as a service station. This approximately 30x40-foot structure boasts well-maintained concrete floors, two bays, and a convenient office/showroom area. A third building, a garage/storage structure, provides additional space with three separate access doors. The expansive 1.87-acre lot offers significant room for expansion or future development. This property's location in Nabb provides a less congested environment, making it an attractive option for businesses seeking efficient and accessible space. The combination of existing structures and ample land makes this an exceptional opportunity for a variety of commercial uses. The property is priced at $175,000. Serious inquiries are encouraged to schedule a viewing and explore the potential of this versatile commercial property.

    Property Features for State Rd 362 Dr

    General Information

    Property type
    Other commercial real estate
    Lot Size
    81,457 SF

    Building Details

    Year Built
    1952
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Nabb
    County
    Clark
    State
    Indiana
    Longitude
    -85.58983
    Latitude
    38.60599

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    FAQs

    What type of property is this?
    Commercial real estate - Spacious Commercial Lot with Three Buildings
    Where is this commercial real estate located?
    The property is located at State Rd 362 Dr Nabb, IN.
    What is the asking price?
    The asking price for this property is $175,000.
    (812) 944-7024
    Request Owner's contact information
    State Rd 362 Dr Nabb, IN 47147
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    Nabb, IN 47147
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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
    State Rd 362 Dr Nabb, IN 47147
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