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    Main St Cloverdale, IN 46120

    For Sale
    $200,000

    4.05-acre commercial lot, prime location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 4.05-acre commercial land parcel, designated Lot 3, presents a remarkable investment opportunity in Cloverdale, Indiana. Located south of Dwight D. Eisenhower Highway and boasting high visibility off N Main St, this property offers excellent access to I-70 and the I-170 and US 231 interchange. The HS zoning permits a variety of commercial uses. Utilities are available on-site. The strategic location places the property in close proximity to several high-traffic hotels and restaurants, ensuring significant potential for business growth and high visibility. This parcel is one of four available, offering the flexibility to purchase individually or as a package deal with the neighboring lots. While the address listed is 1004 US-231, Cloverdale, Indiana 46120, the actual parcel is situated behind this address. The asking price for this prime commercial land is $200,000. Don't miss this chance to secure a highly visible and accessible location for your next commercial venture.

    Property Features for 0 Main St

    General Information

    Property type
    Land
    Lot Size
    176,418 SF
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Cloverdale
    County
    Putnam
    State
    Indiana
    Longitude
    -86.800062826824
    Latitude
    39.524260658788

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Land - 4.05-acre commercial lot, prime location.
    Where is this land located?
    The property is located at Main St Cloverdale, IN.
    What is the asking price?
    The asking price for this property is $200,000.
    (317) 578-9400
    Request Owner's contact information
    Main St Cloverdale, IN 46120
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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
    Main St Cloverdale, IN 46120
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