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    Allison Ln Corydon, IN 47112

    For Sale
    $59,900

    Half-acre commercial lot, prime location, utilities available.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    306
    This exceptional 0.47-acre commercial lot presents a remarkable opportunity in Corydon, Indiana's thriving Allison Lane Business District. Ideally situated for convenient access to the intersection of Highways 135 and 337, this property boasts approximately 110 feet of road frontage and a depth of approximately 200 feet. Its flat terrain and existing driveway access make it completely site-ready for immediate development. Utilities are readily available at the roadside, simplifying the construction process. The property's zoning designation allows for a variety of commercial uses, making it suitable for a diverse range of businesses. Its proximity to Interstate 65 (approximately one mile away) ensures excellent connectivity and accessibility. The surrounding area features a mix of businesses, including a Walmart and various restaurants, creating a vibrant and established commercial environment. This location offers the advantage of being near the charming downtown Corydon area while benefiting from the convenience of major roadways and established amenities. The possibilities are numerous, from a contractor's duplex to a small business establishment, making this a highly attractive investment in a growing Southern Indiana community.

    Property Features for Allison Ln

    General Information

    Property type
    Other commercial real estate
    Lot Size
    20,473 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Corydon
    County
    Harrison
    State
    Indiana
    Longitude
    -86.14082
    Latitude
    38.22895

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    FAQs

    What type of property is this?
    Commercial real estate - Half-acre commercial lot, prime location, utilities available.
    Where is this commercial real estate located?
    The property is located at Allison Ln Corydon, IN.
    What is the asking price?
    The asking price for this property is $59,900.
    (812) 944-7024
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    Allison Ln Corydon, IN 47112
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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
    Allison Ln Corydon, IN 47112
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