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    109 Railroad St Henryville, IN 47126

    For Sale
    $103,900

    Prime Henryville lot, B3 zoning, garage included.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    308
    This exceptional 0.64-acre commercial lot presents a unique investment opportunity in the heart of Henryville, Indiana. Situated at 109 Railroad Street, this property boasts convenient dual road frontage on both Front Street and Railroad Street, ensuring high visibility and accessibility. The lot is zoned B3, opening up a wide range of development possibilities, including apartments or a variety of commercial ventures. Adding to its appeal is an existing 28x32 garage structure, providing immediate utility and potential for conversion or expansion. A concrete parking area further enhances the property's functionality. The location within Henryville offers easy access to local amenities and transportation routes, making it an attractive site for businesses seeking a prominent presence in a thriving community. This versatile property is ready for immediate development, offering significant potential for return on investment. The combination of prime location, flexible zoning, and existing structures makes this an exceptional opportunity for discerning investors and entrepreneurs. Don't miss this chance to acquire a highly desirable commercial lot in a rapidly growing area. Serious inquiries only.

    Property Features for 109 Railroad St

    General Information

    Property type
    Other commercial real estate
    Lot Size
    27,878 SF

    Building Details

    Year Built
    2015
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Hair Salon Building Supply Auto Repair Shop Wholesale Shop Auto Parts Store Kitchen & Bath Department Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Henryville
    County
    Clark
    State
    Indiana
    Longitude
    -85.76559
    Latitude
    38.54094

    Nearby Comparable

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    Nearby Similar for Sale

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      High-traffic location, 4.92 acres, B-2 zoning.
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    • $230,000
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      208 Railroad St, Henryville, IN 47126
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    • $99,900
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      310 Ferguson St, Henryville, IN 47126

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    FAQs

    What type of property is this?
    Commercial real estate - Prime Henryville lot, B3 zoning, garage included.
    Where is this commercial real estate located?
    The property is located at 109 Railroad St Henryville, IN.
    What is the asking price?
    The asking price for this property is $103,900.
    (812) 252-0502
    Request Owner's contact information
    109 Railroad St Henryville, IN 47126
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    Henryville, IN 47126
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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
    109 Railroad St Henryville, IN 47126
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