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    1200 Broadway St Princeton, IN 47670

    For Sale
    $199,995

    Prime 10-acre commercial lot in Princeton, IN.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 10.11-acre commercial land parcel presents a unique investment opportunity in Princeton, Indiana. Ideally situated at 1200 E Broadway St, this property boasts excellent visibility and accessibility, making it perfect for a variety of commercial, industrial, or recreational ventures. The property's APN is 26-12-08-103-002.200-028 and is zoned OS. Its strategic location offers close proximity to major transportation arteries, including Interstate 64 (3.5 miles) and Interstate 69 (9 miles), as well as the Evansville Regional Airport. This translates to convenient access for employees, customers, and supply chains. The asking price for this expansive lot is $199,995, representing a cost of approximately $19,781 per acre. All utilities are conveniently located on-site, simplifying development and reducing upfront infrastructure costs. This property's combination of size, location, and utility access makes it an attractive proposition for businesses seeking a prominent presence in the thriving Princeton market. Don't miss this chance to acquire a substantial piece of land with significant development potential. The property is located in Gibson County, Indiana, with a zip code of 47670.

    Property Features for 1200 Broadway St

    General Information

    Property type
    Land
    Lot Size
    440,392 SF

    HighLights

    • $199,995 asking price for 10.11 acres of commercial land.
    • Located at 1200 E Broadway St, Princeton, IN 47670 (APN: 26‑12‑08‑103‑002.200‑028).
    • OS zoning permits commercial, industrial, or recreational uses.
    • Excellent visibility on E Broadway St, with close proximity to I‑64 and I‑69 (3.5 and 9 miles respectively).
    • All utilities are on‑site.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Princeton
    County
    Gibson
    State
    Indiana
    Longitude
    -87.552463
    Latitude
    38.35668

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    FAQs

    What type of property is this?
    Land - Prime 10-acre commercial lot in Princeton, IN.
    Where is this land located?
    The property is located at 1200 Broadway St Princeton, IN.
    What is the asking price?
    The asking price for this property is $199,995.
    What are key features of this property?
    This property features: $199,995 asking price for 10.11 acres of commercial land.; Located at 1200 E Broadway St, Princeton, IN 47670 (APN: 26-12-08-103-002.200-028).; OS zoning permits commercial, industrial, or recreational uses.
    (812) 708-0106
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    Princeton, IN 47670
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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
    1200 Broadway St Princeton, IN 47670
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