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    2807 Hotel Dr Huntington, IN 46750-7979

    Sponsored
    For Sale
    $985,000

    Prime Huntington location, 0.81 acres, 35,284 SF.

    Property size:
    35,284 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional commercial property, located at 2807 Hotel Drive in Huntington, Indiana, presents a unique investment opportunity. The 0.81-acre lot boasts a substantial 35,284 square feet of land, ideal for a variety of commercial ventures. Its strategic location offers significant advantages, situated directly adjacent to an Applebee's Restaurant and across the street from Huntington Cinema Theatres. This high-traffic area ensures excellent visibility and accessibility for any business. The property is classified as Special Purpose land, offering flexibility for development. The asking price is $985,000. The property's address is 2807 Hotel Drive, Huntington, IN 46750-7979. Given its prime location and substantial size, this property represents a compelling opportunity for investors seeking a high-impact commercial investment in a thriving community. The property is zoned for commercial use. The site's proximity to established businesses suggests strong potential for success. Serious inquiries are encouraged.

    Property Features for 2807 Hotel Dr

    General Information

    Property type
    Land
    Square Feet
    35,284 SF
    Lot Size
    35,284 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Huntington
    County
    Huntington
    State
    Indiana
    Longitude
    -85.4974177
    Latitude
    40.8830771

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    FAQs

    What type of property is this?
    Land - Prime Huntington location, 0.81 acres, 35,284 SF.
    Where is this land located?
    The property is located at 2807 Hotel Dr Huntington, IN.
    What is the asking price?
    The asking price for this property is $985,000.
    Request Owner's contact information
    2807 Hotel Dr Huntington, IN 46750-7979
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    Huntington, IN 46750-7979
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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
    2807 Hotel Dr Huntington, IN 46750-7979
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