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Property profile & analytics
OFF-MARKET
Commercial real estate

291 Vly Rd Corydon, IN 47112-1723

1,820 SF 3.13 ac lot Built 1960
Individually Owned 18-yr Hold Free & Clear
Property ID
US31-1108105
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1960
Construction WOOD
Total area 1,820 SF
Lot 3.13 ac (136,169 SF)
APN 31-10-31-326-020.000-007
UPID US31-1108105
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
George R Sloan · 18 yrs held
George R Sloan
since 2007
1 recorded transaction
2007
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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