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    37 & Sr 58 Bedford, IN 47421

    For Sale
    Contact for pricing

    4.46 Acres, High-Traffic Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 4.46-acre commercial land parcel presents a unique investment opportunity in Bedford, Indiana. Strategically located at the intersection of SR 37 and SR 58, this property enjoys high visibility and accessibility, placing it within Bedford's primary retail trade area. Its adjacency to a newly constructed Aldi supermarket further enhances its desirability and potential for significant foot traffic. The site is situated in Lawrence County, Indiana, zip code 47421, offering easy access to major transportation routes and a well-established community. Bedford boasts a robust and diverse economy supported by a strong workforce, making this location ideal for a variety of commercial ventures. The expansive lot size provides ample space for development, accommodating a wide range of commercial projects. This property is ready for immediate development, offering a rare chance to capitalize on a prime location in a thriving Indiana community. The geographic coordinates are 38.8730545 latitude and -86.5195514 longitude. This is a remarkable opportunity to establish a successful business in a high-demand area. Serious inquiries are encouraged.

    Property Features for 37 & Sr 58

    General Information

    Property type
    Land
    Lot Size
    194,278 SF

    HighLights

    • 4.46‑acre commercial land parcel for sale.
    • Located in Bedford, Indiana, at the intersection of SR 37 and SR 58.
    • Situated in Bedford's primary retail trade area, adjacent to a new Aldi.
    • Located in a well‑established community with a strong and diverse workforce.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Bedford
    County
    Lawrence
    State
    Indiana
    Longitude
    -86.5195514
    Latitude
    38.8730545

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    FAQs

    What type of property is this?
    Land - 4.46 Acres, High-Traffic Location
    Where is this land located?
    The property is located at 37 & Sr 58 Bedford, IN.
    What are key features of this property?
    This property features: 4.46-acre commercial land parcel for sale.; Located in Bedford, Indiana, at the intersection of SR 37 and SR 58.; Situated in Bedford's primary retail trade area, adjacent to a new Aldi.
    (317) 614-9400
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    37 & Sr 58 Bedford, IN 47421
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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
    37 & Sr 58 Bedford, IN 47421
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