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    3 Gtwy Xing Washington, IN 47501

    For Sale
    $324,480

    High-visibility I-69 commercial lot.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    308
    This exceptional 1.66-acre commercial lot, situated at Lot 3 Gateway Crossing in Washington, Indiana, presents a prime opportunity for diverse business ventures. Its strategic location directly off the I-69 ramp on US Highway 50 ensures unparalleled visibility and accessibility. This highly desirable location benefits from the convenient proximity to both Bloomington and Evansville, Indiana, making it an ideal spot for businesses seeking easy access to major transportation routes and a strong regional market. The property is ready for immediate development, with all major infrastructure already in place. This includes readily available gas, electric, water, and sewer services, eliminating significant upfront development costs and expediting the construction process. The lot's size offers ample space for a variety of commercial building designs, catering to a wide range of business needs. Furthermore, the availability of adjacent parcels provides the potential for expansion or the opportunity to acquire additional land for larger-scale projects. This is a rare opportunity to secure a highly visible and well-serviced commercial lot in a thriving Indiana location. Don't miss out on this chance to establish your business in a prime commercial area.

    Property Features for 3 Gtwy Xing

    General Information

    Property type
    Other commercial real estate
    Lot Size
    72,310 SF

    Building Details

    Year Built
    2015
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Washington
    County
    Daviess
    State
    Indiana
    Longitude
    -87.13239
    Latitude
    38.6516

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    FAQs

    What type of property is this?
    Commercial real estate - High-visibility I-69 commercial lot.
    Where is this commercial real estate located?
    The property is located at 3 Gtwy Xing Washington, IN.
    What is the asking price?
    The asking price for this property is $324,480.
    (812) 254-5204
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    3 Gtwy Xing Washington, IN 47501
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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
    3 Gtwy Xing Washington, IN 47501
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