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    6 State St North Vernon, IN 47265

    For Lease
    Contact for pricing

    6,000 SF Strip Center, 4,780 SF Available

    Lot size:
    6,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional retail opportunity in North Vernon, Indiana, presents a 6,000 square foot strip center with 2 suites. A significant 4,780 square feet is currently vacant, offering substantial space for a single tenant or the potential to subdivide. The property boasts a highly visible location on South State Street, in the 47265 zip code, and includes 33 parking spaces for customer convenience. The 0.66-acre lot provides ample room for operations and potential expansion. The adaptable layout is perfect for various retail concepts, offering flexibility to suit diverse business needs. This property is well-maintained and ready for immediate occupancy, presenting a unique chance to establish a strong retail presence in a thriving commercial area. Its prime location and ample parking ensure high visibility and accessibility for customers. The property's modern design and functional layout make it an attractive option for businesses seeking a well-equipped and conveniently located space. Don't miss this chance to secure a prominent retail location in North Vernon.

    Property Features for 6 State St

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    6,000 SF

    Unit(s) available at that property

    Space
    Suite B
    Size
    4,780 SF

    HighLights

    • 6,000 SF strip center with 4,780 SF vacant space in North Vernon, IN.
    • High‑visibility location on South State Street (zip code 47265).
    • 33 parking spaces and a 0.66‑acre lot.
    • Ideal for single tenant or multi‑tenant retail use.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Neighborhood centers

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    North Vernon
    County
    Jennings
    State
    Indiana
    Longitude
    -85.626079942637
    Latitude
    39.003191571867

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      Office Space For Lease

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    Nearby Similar for Lease

    • $5 SF/Yr
      21,800 SF

      North Vernon Medical Office Space

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      2110 State Highway 7, North Vernon, IN 47265
      View Details

    FAQs

    What type of property is this?
    Neighborhood center - 6,000 SF Strip Center, 4,780 SF Available
    Where is this neighborhood center located?
    The property is located at 6 State St North Vernon, IN.
    What are key features of this property?
    This property features: 6,000 SF strip center with 4,780 SF vacant space in North Vernon, IN.; High-visibility location on South State Street (zip code 47265).; 33 parking spaces and a 0.66-acre lot.
    Request Owner's contact information
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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
    6 State St North Vernon, IN 47265
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