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    6722 W Us Hwy, Unit 40 New Palestine, IN

    For Sale
    $495,000

    Land with commercial potential, zoned AG, approximately 4.7 acres.

    Lot size:
    4.70 Acres

    Property Features for 6722 W Us Hwy

    General Information

    Lot size
    4.70 Acres

    Source: Corporate Commercial Group Agent Keith Dedrick

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

    Overview

    4.7 Acres with Commercial Potential

    This property features approximately 4.7 acres of land zoned AG. It offers commercial potential. The parcel ID is 30-09-01-300- 012.000-015.
    Location Intelligence

    Current Use by Public Records

    Land

    Map

    City
    New Palestine
    County
    Hancock
    State
    Indiana
    Longitude
    -85.8891471
    Latitude
    39.7219882

    FAQs

    What type of property is this?
    Land - Land with commercial potential, zoned AG, approximately 4.7 acres.
    Where is this land located?
    The property is located at 6722 W Us Hwy, Unit 40 New Palestine, IN.
    What is the asking price?
    The asking price for this property is $495,000.
    What are key features of this property?
    This property features: - +/- 4.7 Acres of land with commercial potential.; - Zoned AG.; - Price: $495,000.
    (317) 502-3622
    Request Owner's contact information
    6722 W Us Hwy, Unit 40 New Palestine, IN
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    6722 W Us Hwy, Unit 40
    New Palestine, IN
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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
    6722 W Us Hwy, Unit 40 New Palestine, IN
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