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    22909 Highway 31 S Underwood, IN 47177

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    For Sale
    $175,000

    Two-acre commercial land with development potential in Clark County.

    Lot size:
    2.00 Acres

    Property Features for 22909 Highway 31 S

    General Information

    Lot size
    2.00 Acres

    Source: Angel Perry & Associates Agent Angel Perry

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

    Overview

    Commercial Land in Clark County

    This property offers commercial development potential on two acres located in Clark County. The site presents possibilities for various ventures, including a car lot or storage units. Electric and water services are available on the property, with natural gas also accessible. Sewer connections are located nearby.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Wholesale Shop Auto Repair Shop Auto Parts Store Food Market Pawn Shop Farmer's Market

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

    Location Insight

    • Map
    • Local Demand
    City
    Underwood
    County
    Scott
    State
    Indiana
    Longitude
    -85.776985
    Latitude
    38.603146

    FAQs

    What type of property is this?
    Commercial land - Two-acre commercial land with development potential in Clark County.
    Where is this commercial land located?
    The property is located at 22909 Highway 31 S Underwood, IN.
    What is the asking price?
    The asking price for this property is $175,000.
    What are key features of this property?
    This property features: - 2 Acres available in Clark County with commercial development potential; - Electric and water are already on the property.; - Natural gas available for your development needs.
    (502) 727-2744
    Request Owner's contact information
    22909 Highway 31 S Underwood, IN 47177
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    22909 Highway 31 S
    Underwood, IN 47177
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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
    22909 Highway 31 S Underwood, IN 47177
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