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    40 Rural St Austin, IN 47102

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    For Sale
    $50,000

    Building suitable for office, retail, daycare, or residential use.

    Lot size:
    0.15 Acres

    Property Features for 40 Rural St

    General Information

    Lot size
    0.15 Acres

    Source: Jack Bridgewater Real Estate Agent Marsha Berna-Lord

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

    Overview

    Versatile Building with Large Yard

    This building offers 1,232 square feet of space and includes a large backyard and blacktop drive. It presents opportunities for renovation into an office, retail space, or daycare center. Alternatively, it could be remodeled for residential use as a new home.
    Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

    Restaurant Law Firm Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop Accounting Firm Auto Parts Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Austin
    County
    Scott
    State
    Indiana
    Longitude
    -85.810456
    Latitude
    38.753796

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    FAQs

    What type of property is this?
    Office space - Building suitable for office, retail, daycare, or residential use.
    Where is this office space located?
    The property is located at 40 Rural St Austin, IN.
    What is the asking price?
    The asking price for this property is $50,000.
    What are key features of this property?
    This property features: - 1232 sq ft building suitable for office, retail, daycare, or residential use.; - Large back yard.; - Blacktop drive.
    (812) 595-6472
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    40 Rural St Austin, IN 47102
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    Austin, IN 47102
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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
    40 Rural St Austin, IN 47102
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