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Riverside Commercial Land
For Sale
$159,900

Tract 9 N State Road 156, Patriot, IN 47038

Ohio River frontage accompanies an existing structure suitable for renovation or redevelopment.

Property SizeContact for details
Days on Market646

Property Features for Tract 9 N State Road 156

General Information

Standard status Active
Property subtype Lots/Land

Taxes and HOA fees

Annual Taxes $1.00
Listing Agency: Land Pro Realty
Listed By: Khloe Anderson · License #RB16001257
Source: Exitrealty
Added: Nov 22, 2024 Changed: Aug 30 Last Checked: Aug 30 at 7:23AM

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 Land Pro Realty

Investment Insights

Based on property information with market context.

This commercial land tract encompasses 4+ acres along the Ohio River in Patriot, Indiana. An existing structure, formerly used as the Walcott General Store, remains on the property and offers a basis for renovation or redevelopment. The exterior has been recently repainted.

The property lies between Patriot and Rising Sun, with riverfront setting and access to a 3+ acre common area that includes a private boat ramp. Additional acreage is available, and adjacent properties may support broader residential or recreational expansion. A survey is included at closing. Short-term owner financing and potential trade arrangements are available.

Key Highlights

  • 4+ acres of commercial land along the Ohio River
  • Existing structure formerly used as the Walcott General Store
  • Exterior recently repainted

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Storage Facility Big Box & Wholesale Store Pharmacy Barber Shop Florist Building Supply

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

25
Businesses Nearby

Demographics for 47038, IN

1,168
Population
600
Households
1.9
Avg Household Size
43
Median Age
6%
College-Educated
67%
High-School Grad
27.2 sq mi
ZIP Area
43
Density / Sq Mi
$47,941
Median Household Income
$33,179
Median Earnings
$707
Median Rent
$122,100
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Ohio River frontage accompanies an existing structure suitable for renovation or redevelopment.
Where is this commercial land located?
The property is located at Tract 9 N State Road 156 Patriot, IN.
What is the asking price?
The asking price for this property is $159,900.
What are key features of this property?
This property features: 4+ acres of commercial land along the Ohio River; Existing structure formerly used as the Walcott General Store; Exterior recently repainted
More about this property
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