Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    1000 W Morton St Oakland City, IN 47660

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $2,500,000

    Newly remodeled mixed-use property with apartments, storage units, and urgent care.

    Lot size:
    4.93 Acres

    Property Features for 1000 W Morton St

    General Information

    Lot size
    4.93 Acres

    Source: Hahn Kiefer Real Estate Services Agent Troy Tornatta

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Remodeled Income Producing Mixed-Use Property

    This newly remodeled 30,581 square foot income-producing property includes 17 brand new apartments, consisting of 13 one-bedroom units and 4 two-bedroom units. Additionally, there are 43 new climate-controlled storage units. An urgent care lease is currently in place. The property also features an additional 1,700+ square foot 3-bedroom house. Situated on over 6 acres adjacent to a golf course, the location is approximately 1.5 miles from the Interstate 69/Indiana 64 interchange and 25 minutes from Evansville. Furthermore, there is over 13,000 square footage available for lease.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Access Medical Clinic: ... Urgent Care Center

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Nail Salon Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Oakland City
    County
    Gibson
    State
    Indiana
    Longitude
    -87.358926
    Latitude
    38.332466

    Nearby Similar for Sale

    • $2,500,000
      5.53 Acres

      Morton St. Mixed-Use Investment

      High-yield medical office & apartments
      1000 Morton St, Oakland City, IN 47660
      View Details

    FAQs

    What type of property is this?
    Mixed-use property - Newly remodeled mixed-use property with apartments, storage units, and urgent care.
    Where is this mixed-use property located?
    The property is located at 1000 W Morton St Oakland City, IN.
    What is the asking price?
    The asking price for this property is $2,500,000.
    What are key features of this property?
    This property features: - Newly remodeled 30,581 SF income producing property; - Urgent care lease in place; - 17 brand new apartments; 13 one bedroom, 4 two bedroom
    (812) 305-5006
    Request Owner's contact information
    1000 W Morton St Oakland City, IN 47660
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1000 W Morton St
    Oakland City, IN 47660
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    1000 W Morton St Oakland City, IN 47660
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.