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    114 Broad St Mooreland, IN 47360

    Sponsored
    For Sale
    Contact for pricing

    Prime Location, High Potential, Needs Repair

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional investment opportunity is located in the heart of Mooreland, Indiana, at 114 S Broad Street. The property encompasses a sizable 0.1-acre lot and features two existing structures totaling approximately 3,700 square feet of commercial space. One building offers 2,800 square feet, while the second building provides an additional 900 square feet. While both buildings require renovation and repair, their substantial size presents a significant opportunity for redevelopment. The property's strategic location benefits from convenient street parking in front and dedicated off-street parking on the south side. This property's history as Mooreland's former grocery store speaks to its prime location within the community. The recent addition of a Pizza King to the area further underscores Mooreland's revitalization and growth, making this a compelling investment prospect for entrepreneurs and developers seeking to capitalize on a thriving community. The asking price is $24,500. This presents a rare chance to acquire a substantial commercial property in a growing Indiana town at an attractive price point. The property's size and location offer considerable potential for a variety of commercial uses. Serious inquiries are encouraged.

    Property Features for 114 Broad St

    General Information

    Property type
    Other commercial real estate
    Lot Size
    4,356 SF

    Building Details

    Year Built
    1900
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Auto Repair Shop Accounting Firm Electrical Service Pet Grooming Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Mooreland
    County
    Henry
    State
    Indiana
    Longitude
    -85.2511
    Latitude
    39.99688

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    FAQs

    What type of property is this?
    Commercial real estate - Prime Location, High Potential, Needs Repair
    Where is this commercial real estate located?
    The property is located at 114 Broad St Mooreland, IN.
    What is the asking price?
    The asking price for this property is $24,500.
    (765) 529-2211
    Request Owner's contact information
    114 Broad St Mooreland, IN 47360
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    Mooreland, IN 47360
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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
    114 Broad St Mooreland, IN 47360
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