Highway 160 Henryville, IN 47126
This exceptional 4.92-acre commercial property, located on Highway 160 in Henryville, Indiana, presents a remarkable investment opportunity. Situated in a high-traffic area, this lot boasts significant potential for a variety of commercial ventures. The B-2 zoning allows for diverse uses, including boutique hotels, gas stations and convenience stores, and even multi-family or strip center developments. The property's strategic location offers easy access to the bustling city of Louisville, Kentucky, just minutes away. This prime location capitalizes on the significant travel traffic along Highway 160, making it ideal for businesses catering to travelers and the local community. The site's history includes a former Stuckey's Gas/Convenience store, providing a solid foundation for future development. This presents a unique chance to capitalize on an underserved market and establish a thriving commercial enterprise. The asking price is $800,000. Serious inquiries only. Contact us today to explore this exciting opportunity.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.