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    1519 Burton Dr Scottsburg, IN 47170

    For Sale
    $165,000

    Prime Scottsburg Office & Retail Space

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    308
    This exceptional 1.14-acre commercial property, located at 1519 Burton Drive in Scottsburg, Indiana, presents a unique investment opportunity. Priced at $165,000, the building is situated within the burgeoning Deerfield Estates Subdivision, offering high growth potential. The structure itself is adaptable, currently configured with a potential living space at the north end and a south end utilized for storage and retail office functions. This versatile layout allows for a variety of uses, catering to diverse business needs. The property's plat has received approval, and the project awaits final engineering before infrastructure development commences. Scottsburg's strategic location, approximately 30 miles north of Louisville, Kentucky, provides convenient access to a larger regional market. The city's population of 7,345 (2020 Census) indicates a stable and growing community. This property offers a blend of immediate usability and long-term investment potential, making it an attractive option for entrepreneurs and investors seeking a foothold in a developing area. The flexible space and prime location within a new subdivision make this an ideal opportunity to establish a thriving business or expand an existing one. The pending infrastructure improvements further enhance the property's value and appeal. Don't miss this chance to acquire a piece of Scottsburg's promising future.

    Property Features for 1519 Burton Dr

    General Information

    Property type
    Office Properties & Spaces
    Lot Size
    49,658 SF
    Location Intelligence

    Current Use by Public Records

    Office Properties & Spaces

    Map

    City
    Scottsburg
    County
    Scott
    State
    Indiana
    Longitude
    -85.78884
    Latitude
    38.70811

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Scottsburg Office & Retail Space
    Where is this office property / space located?
    The property is located at 1519 Burton Dr Scottsburg, IN.
    What is the asking price?
    The asking price for this property is $165,000.
    (812) 728-8181
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    1519 Burton Dr 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
    1519 Burton Dr Scottsburg, IN 47170
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