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    1603-1619 Scottsburg In 47170 Scottsburg, IN 47170

    Sponsored
    For Lease
    $15 SF/Yr

    High-traffic retail space available now.

    Lot size:
    18,372 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This 18,372 square foot retail strip center, built in 2004, is located at 1603-1619 W McClain Avenue (aka Hwy 56), Scottsburg, IN 47170, in Scott County. The property sits on a 1.28-acre lot and offers 90 parking spaces, ensuring ample customer convenience. Currently, one suite totaling 2,450 square feet is available for lease, with a potential move-in date of May 1, 2024. The property is zoned Commercial and enjoys a prime location directly across from a Super Walmart and with convenient access to I-65, providing excellent visibility and accessibility. This location benefits from being in the county seat of Scott County, a regional hub. The building's existing configuration is suitable for a variety of retail uses, including medical office space. The property offers a strong opportunity for businesses seeking high visibility and convenient access to a substantial customer base. The available suite presents a chance to establish a presence in a thriving commercial area. Interested parties should inquire about lease terms and conditions.

    Property Features for 1603-1619 Scottsburg In 47170

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    18,372 SF
    Total Rate
    23347.75

    Building Details

    Year Built
    2004

    Unit(s) available at that property

    Space
    Suite 1603
    Size
    2,450 SF
    Rate per SF
    $15

    HighLights

    • High‑visibility retail center directly across from a Super Walmart.
    • Last remaining suite available for lease.
    • Prominent pylon signage opportunity.
    • Convenient front‑door parking.
    Property Profile Location Intelligence

    Current Use by Public Records

    Neighborhood centers

    Map

    City
    Scottsburg
    County
    Scott
    State
    Indiana
    Longitude
    -85.7959932
    Latitude
    38.6841594

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    FAQs

    What type of property is this?
    Neighborhood center - High-traffic retail space available now.
    Where is this neighborhood center located?
    The property is located at 1603-1619 Scottsburg In 47170 Scottsburg, IN.
    What is the lease rate?
    The lease rate is $15 SF/Yr.
    What are key features of this property?
    This property features: High-visibility retail center directly across from a Super Walmart.; Last remaining suite available for lease.; Prominent pylon signage opportunity.
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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.

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    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
    1603-1619 Scottsburg In 47170 Scottsburg, IN 47170
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