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    79 Gardner St Scottsburg, IN 47170

    For Sale
    $950,000

    Two Buildings, Ample Parking, Prime Location

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    314
    This exceptional Scottsburg commercial property presents a rare investment opportunity. Located at 79 N Gardner St, this offering encompasses two buildings and a substantial parking lot, totaling approximately 10,904 square feet on a 0.94-acre lot. The property enjoys a highly visible position, just 150 feet from the intersection of Highways 56 and 31, a four-way stop boasting a combined average daily traffic count exceeding 52,000 vehicles. Building A, recently updated, offers approximately 6904 square feet of versatile space. This includes designated office and waiting areas, a shop equipped with four overhead garage doors and a bathroom, a single garage, and additional warehouse storage accessible from Keith Street. Building B, approximately 4000 square feet, features a waiting room, restroom, and open shop space with one overhead door. The expansive parking lot provides ample off-street parking for both buildings and their patrons. This property's strategic location and substantial size make it ideal for a variety of commercial uses. The buildings are also available for sale separately (MLS#202406704, MLS#202406701). Priced at $950,000, this is a compelling opportunity to acquire a significant commercial presence in a high-traffic area.

    Property Features for 79 Gardner St

    General Information

    Property type
    Retail properties
    Lot Size
    40,946 SF
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail properties

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Scottsburg
    County
    Scott
    State
    Indiana
    Longitude
    -85.77812
    Latitude
    38.68648

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    FAQs

    What type of property is this?
    Retail property - Two Buildings, Ample Parking, Prime Location
    Where is this retail property located?
    The property is located at 79 Gardner St Scottsburg, IN.
    What is the asking price?
    The asking price for this property is $950,000.
    (812) 728-8181
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    79 Gardner St Scottsburg, IN 47170
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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
    79 Gardner St Scottsburg, IN 47170
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