You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
OFF-MARKET
Commercial real estate

11624 Us Hwy 231 Hwy Loogootee, IN 47553

0.92 ac lot Built 2000
Property ID
Property summary
AI-generated overview

This exceptional commercial property, located at 11624 US HWY 231 S Highway in Loogootee, Indiana, presents a unique opportunity for businesses seeking high visibility and convenient access. Boasting a prime location near the intersection of Highways 50 and 231, this 0.92-acre lot offers approximately 250 feet of highway frontage, ensuring significant exposure to a substantial volume of daily traffic. The property itself comprises over 3,000 square feet of versatile space, perfectly suited for a variety of commercial uses, including mechanics, retail, or service-based businesses. Three bay doors provide ample access for vehicles and equipment, while an additional 800 square feet of attic space offers potential for expansion or storage. The property also includes a dedicated office/reception area and extensive parking, ensuring a comfortable and efficient workspace for employees and clients. The combination of high traffic flow, excellent visibility, and ample space makes this property an ideal investment for any business looking to establish a strong presence and attract a large customer base in a thriving location. The asking price is $399,900.

Property profile
Verified
Property type Commercial real estate
Year built 2000
Lot 0.92 ac (40,075 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 11624 Us Hwy 231 Hwy?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message