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    2110 Broadway St Princeton, IN 47670

    Sponsored
    For Sale
    $1,800,000

    10.28 Acres, High Visibility, Hwy 41 Access

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    Exceptional 10.28-acre commercial land parcel in Princeton, Indiana, strategically located off US Highway 41 and Broadway Street, offering unparalleled visibility and accessibility. This property, identified by APN 26-11-11-204-000.736-028, is zoned OS and presents a unique opportunity for development. The asking price is $1,800,000, translating to approximately $175,097 per acre. Benefit from high traffic counts, with 12,506 AADT on US Highway 41 and 13,638 AADT on Broadway Street, ensuring significant exposure for any future business. The land is slated for subdivision, making it ideal for multiple commercial ventures. This prime location in Gibson County, Indiana, with its easy access to major transportation routes, makes it an attractive investment for businesses seeking high visibility and convenient access for customers. The property's address is 2110 W Broadway St, Princeton, IN 47670. This is a rare opportunity to acquire a substantial commercial land holding in a thriving Indiana community.

    Property Features for 2110 Broadway St

    General Information

    Property type
    Land
    Lot Size
    43,560 SF

    HighLights

    • $1,800,000 asking price for 10.28 acres of commercial land.
    • Located in Princeton, IN, Gibson County. Address: 2110 W Broadway St, Princeton, IN 47670.
    • OS Zoning.
    • APN: 26‑11‑11‑204‑000.736‑028.
    • High visibility location off a major highway; property will be subdivided. High traffic counts on US Highway 41 and Broadway St.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Princeton
    County
    Gibson
    State
    Indiana
    Longitude
    -87.594716972727
    Latitude
    38.356709730087

    Nearby Comparable

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    FAQs

    What type of property is this?
    Land - 10.28 Acres, High Visibility, Hwy 41 Access
    Where is this land located?
    The property is located at 2110 Broadway St Princeton, IN.
    What is the asking price?
    The asking price for this property is $1,800,000.
    What are key features of this property?
    This property features: $1,800,000 asking price for 10.28 acres of commercial land.; Located in Princeton, IN, Gibson County. Address: 2110 W Broadway St, Princeton, IN 47670.; OS Zoning.
    Request Owner's contact information
    2110 Broadway St Princeton, IN 47670
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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
    2110 Broadway St Princeton, IN 47670
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