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    12854 North St Dillsboro, IN 47018

    For Sale
    $95,000

    Prime Redevelopment Opportunity in Dillsboro, IN

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    312
    This exceptional three-story brick building, located at 12854 North Street in Dillsboro, Indiana, presents a unique redevelopment opportunity for discerning investors. The property, encompassing 0.08 acres, is currently stripped to the interior studs, offering a blank canvas for a creative vision. Architectural concept drawings are available, illustrating potential uses such as retail spaces and high-end apartments. These plans provide a solid foundation for future development, showcasing the building's adaptability and potential for significant return on investment. The building's historical character, combined with its prime location in Dillsboro, creates an attractive proposition for developers seeking a unique project. Previous mitigation and stabilization work has already been completed, reducing initial project hurdles and streamlining the renovation process. Furthermore, the possibility of securing grant funding through state and local programs offers a significant financial advantage, potentially offsetting a portion of renovation costs. This is a rare chance to acquire a substantial commercial property with considerable upside potential in a desirable Indiana town. The property is priced competitively at $95,000, reflecting its current state and the significant potential for future value appreciation. Serious inquiries are encouraged.

    Property Features for 12854 North St

    General Information

    Property type
    Other commercial real estate
    Lot Size
    3,485 SF

    Building Details

    Year Built
    1900
    Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Spa & Massage Hair Salon Clothing Store Pharmacy Bar & Pub Grocery Store Food Market Electrical Service Storage Facility

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

    Location Insight

    • Map
    • Local Demand
    City
    Dillsboro
    County
    Dearborn
    State
    Indiana
    Longitude
    -85.058
    Latitude
    39.01771

    Nearby Comparable

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    Nearby Similar for Sale

    • $1,187,500
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      Fallen Oak Farm Estate

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    • $95,000
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      Historical Brick Building in Dillsboro

      Three-story building with renovation potential in Dillsboro, Indiana.
      12854 North St, Dillsboro, IN 47018
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    • $259,000
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      Dillsboro Office Building For Sale

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    FAQs

    What type of property is this?
    Commercial real estate - Prime Redevelopment Opportunity in Dillsboro, IN
    Where is this commercial real estate located?
    The property is located at 12854 North St Dillsboro, IN.
    What is the asking price?
    The asking price for this property is $95,000.
    (812) 577-2186
    Request Owner's contact information
    12854 North St Dillsboro, IN 47018
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    Dillsboro, IN 47018
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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
    12854 North St Dillsboro, IN 47018
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