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    9513 Smith St Yorktown, IN 47396

    Sponsored
    For Sale
    $449,900

    Prime Retail Space, High Growth Area

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional retail property, located at 9513 W Smith St in Yorktown, Indiana, presents a unique investment opportunity. Priced at $449,900, this 0.2-acre lot boasts a bank building in the heart of downtown Yorktown. The property is zoned HM Heritage Mix, allowing for a variety of potential uses within the established zoning guidelines. Yorktown is experiencing significant expansion, with a master plan driving new residential and commercial development, making this a strategically positioned asset for future growth. The building's current configuration as a bank provides a solid foundation for a variety of retail businesses, or potential redevelopment opportunities. The property's central location offers excellent visibility and accessibility, ensuring high foot traffic and potential customer reach. This is an ideal opportunity for investors seeking a strong return in a thriving Indiana community. The seller will not be contributing to buyer agent commissions

    Property Features for 9513 Smith St

    General Information

    Property type
    Individual retail properties
    Lot Size
    8,712 SF

    HighLights

    • Exceptional retail investment opportunity in Yorktown, Indiana, priced at $449,900.
    • 0.2‑acre lot with a bank building in downtown Yorktown.
    • HM Heritage Mix zoning allows for diverse uses.
    • Strong growth potential due to Yorktown's expansion and master plan.
    • Excellent visibility and accessibility for high foot traffic.
    • Seller will not pay buyer agent commission.
    Property Profile Location Intelligence

    Current Use by Public Records

    Banks

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Yorktown
    County
    Delaware
    State
    Indiana
    Longitude
    -85.4989102
    Latitude
    40.171906

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    FAQs

    What type of property is this?
    Individual retail property - Prime Retail Space, High Growth Area
    Where is this individual retail property located?
    The property is located at 9513 Smith St Yorktown, IN.
    What is the asking price?
    The asking price for this property is $449,900.
    What are key features of this property?
    This property features: Exceptional retail investment opportunity in Yorktown, Indiana, priced at $449,900.; 0.2-acre lot with a bank building in downtown Yorktown.; HM Heritage Mix zoning allows for diverse uses.
    Request Owner's contact information
    9513 Smith St Yorktown, IN 47396
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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
    9513 Smith St Yorktown, IN 47396
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