Storefront
New
For Sale
$199,900
325 N Indiana Ave, Sellersburg, IN 47172
The 1940-built property offers 1,309 square feet of storefront space.
Property Size1,309 SF
Price / SF$152.71
Days on Market3
Property Features for 325 N Indiana Ave
General Information
Standard status
Active
Size
1,309 SF
Property subtype
Commercial
Building Details
Year Built
1940
Listing Agency:
Southern Homes Realty
(502) 822-6018
Listed By:
Ward Realty Services
(812) 200-2838
Source:
Wardrealtyservices
Added: Nov 4
Last Checked: Nov 6 at 8:19AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Southern Homes Realty
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Investment Insights
Based on property information with market context.
This storefront property contains 1,309 square feet and was built in 1940. Its address is 325 N Indiana Ave in Sellersburg, Indiana.
Key Highlights
- 1,309‑square‑foot storefront property
- Built in 1940
- 325 N Indiana Ave, Sellersburg, IN 47172
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,801
Cap Rate
7.90%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$316,020
$316.0K
Cap Rate 7%
$225,729
$225.7K
Cap Rate 9%
$175,567
$175.6K
Market Conditions
NOI Build-Up for 1,309 SF
Gross rent
$23.6K $18.00/SF
− Vacancy
−$990 −$0.76/SF
EGI
$22.6K $17.24/SF
− OpEx
−$6.8K −$5.17/SF
NOI
$15.8K $12.07/SF
Area
Clark County, IN
Vacancy
4.20%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$316,020
Cap Rate 7%
$225,729
Cap Rate 9%
$175,567
Alternative Uses
Best Use
Retail
$225.7K
$197.5K – $263.4K
NOI $15,801 @ 7.0% cap · market cap 7.90%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$380.6K
$333.0K – $444.0K
NOI $26,641 @ 7.0% cap · market cap 13.33%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
249
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 47172, IN
19,821
Population
8,537
Households
2.3
Avg Household Size
39
Median Age
37%
College-Educated
93%
High-School Grad
24.3 sq mi
ZIP Area
816
Density / Sq Mi
$80,525
Median Household Income
$48,560
Median Earnings
$1,152
Median Rent
$249,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Storefront property - The 1940-built property offers 1,309 square feet of storefront space.
Where is this storefront property located?
The property is located at 325 N Indiana Ave Sellersburg, IN.
What is the asking price?
The asking price for this property is $199,900.
What are key features of this property?
This property features: 1,309‑square‑foot storefront property; Built in 1940; 325 N Indiana Ave, Sellersburg, IN 47172
