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    7117 State Road 362 Nabb, IN 47147

    For Sale
    $30,000

    1.48 Acres, Office Potential, $30,000

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    314
    This exceptional 1.48-acre commercial property in Nabb, Indiana, presents a unique investment opportunity. Located at 7117 E State Road 362, the property includes an existing building offering significant potential for redevelopment or repurposing. The building's size is not specified, but its versatile nature allows for a wide range of commercial uses. Entrepreneurs, artisans, or real estate developers will find this property particularly appealing. The generous 1.48-acre lot provides ample space for expansion, additional construction, or ample parking. The property's zoning is commercial, making it suitable for a variety of businesses. This is an ideal opportunity for those with a vision to create a thriving commercial space. The existing structure could be renovated to suit specific business needs or demolished to create a completely new development. The asking price of $30,000 makes this a highly attractive proposition for investors seeking a cost-effective entry point into the commercial real estate market. The property's location in Nabb, IN offers access to local amenities and transportation routes. This is a blank canvas ready for your vision. Don't miss this chance to acquire a prime commercial property in a growing area.

    Property Features for 7117 State Road 362

    General Information

    Property type
    Office Properties & Spaces
    Lot Size
    64,469 SF
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office Properties & Spaces

    Suggested Use

    Wholesale Shop Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Nabb
    County
    Scott
    State
    Indiana
    Longitude
    -85.64153
    Latitude
    38.6059

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    FAQs

    What type of property is this?
    Office Property / Space - 1.48 Acres, Office Potential, $30,000
    Where is this office property / space located?
    The property is located at 7117 State Road 362 Nabb, IN.
    What is the asking price?
    The asking price for this property is $30,000.
    (502) 459-5509
    Request Owner's contact information
    7117 State Road 362 Nabb, IN 47147
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    Nabb, IN 47147
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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
    7117 State Road 362 Nabb, IN 47147
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