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    1639 Mcclain Ave Scottsburg, IN 47170

    For Sale
    $669,000

    High-visibility commercial acreage near I-65. Excellent development opportunity.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    309
    This exceptional 10.76-acre commercial parcel presents a prime development opportunity in Scottsburg, Indiana. Strategically located off Interstate 65 and Highway 56, this property boasts unparalleled visibility and accessibility. Its proximity to numerous restaurants, shops, and a Walmart supercenter ensures high traffic volume and strong potential for attracting customers. All city utilities are readily available, simplifying development plans. A pre-existing concrete pad is already in place, reducing initial infrastructure costs. The property includes an easement, which the buyer will be responsible for maintaining. This versatile land offers endless possibilities for commercial ventures, from retail spaces to restaurants to light industrial uses. The subject to survey clause indicates that a survey should be conducted to verify the exact boundaries and acreage. Don't miss this chance to secure a highly desirable commercial location with exceptional visibility and convenient access to major transportation routes. Act quickly to capitalize on this remarkable investment opportunity.

    Property Features for 1639 Mcclain Ave

    General Information

    Property type
    Other commercial real estate
    Lot Size
    468,706 SF
    Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Scottsburg
    County
    Scott
    State
    Indiana
    Longitude
    -85.79769
    Latitude
    38.6845

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    FAQs

    What type of property is this?
    Commercial real estate - High-visibility commercial acreage near I-65. Excellent development opportunity.
    Where is this commercial real estate located?
    The property is located at 1639 Mcclain Ave Scottsburg, IN.
    What is the asking price?
    The asking price for this property is $669,000.
    (888) 611-3912
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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
    1639 Mcclain Ave Scottsburg, IN 47170
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