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    301 S 5Th Ave Princeton, IN 47670

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    For Sale
    $1,200,000

    Leased IGA with fueling station in Princeton, Indiana.

    Property size:
    41,556 SF
    Lot size:
    4.24 Acres

    Property Features for 301 S 5Th Ave

    General Information

    Size
    41,556 SF
    Lot size
    4.24 Acres

    Source: Woodward Commercial Realty, Inc. Agent Chris Jackson, CCIM, SIOR

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

    Overview

    IGA Leased Investment Opportunity

    This property, leased to IGA (Houchens Industries), includes a fueling station. It is positioned as a value-add acquisition due to below-market rent. The property is located at a signalized, high-traffic intersection strategically located just off of US 41. The property size is 41,556 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Grocery and convenience stores

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Clothing Store

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

    Similar Places Nearby

    Save A Lot, IGA

    Location Insight

    • Map
    • Local Demand
    City
    Princeton
    County
    Gibson
    State
    Indiana
    Longitude
    -87.591876
    Latitude
    38.35957

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    FAQs

    What type of property is this?
    Grocery and convenience store - Leased IGA with fueling station in Princeton, Indiana.
    Where is this grocery and convenience store located?
    The property is located at 301 S 5Th Ave Princeton, IN.
    What is the asking price?
    The asking price for this property is $1,200,000.
    What are key features of this property?
    This property features: - Leased to IGA (Houchens Industries); - Signalized, high-traffic intersection strategically located just off of US 41; - Includes fueling station
    (812) 205-5580
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    301 S 5Th Ave Princeton, IN 47670
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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
    301 S 5Th Ave Princeton, IN 47670
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