291 Vly Rd Corydon, IN 47112-1723
This exceptional Corydon, Indiana commercial property presents a significant investment opportunity. Spanning 3.13 acres, the site boasts two substantial buildings totaling over 4700 square feet of versatile space. The primary structure, measuring 30x100 feet, is ideally suited for industrial use. Key features include two loading docks, 12-foot high doors, 2-phase electric service, and robust 2-inch water lines throughout—a legacy from its previous use as a collagen water loading facility. Additional amenities include 220-volt outlets and gas heating. Ample parking is available. The building's elevated foundation (3 feet) eliminates the need for flood insurance for the current owner. This building is zoned C2. A second building, approximately 1770 square feet, offers office and small storage space, complete with a convenient garage door. This building is zoned C1. The combined square footage of both buildings exceeds 4700 square feet, providing ample room for a variety of commercial enterprises. This property's size, features, and zoning make it an attractive prospect for businesses seeking a substantial and well-equipped space in a convenient location. The expansive acreage offers significant potential for future expansion or development. This is a rare opportunity to acquire a substantial industrial property in a growing area.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.