79 Gardner St, Scottsburg, IN 47170-1101
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.
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.