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    3333 Sr 67 Paragon, IN 46166

    • Commercial real estate
    • 5.00 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for 3333 Sr 67

    Lot size
    5.00 lot acres
    Property type
    Commercial real estate

    Description

    This exceptional 5-acre commercial property is located in Morgan County, Indiana, near Paragon, directly on State Road 67. Its strategic location offers unparalleled visibility and accessibility, making it ideal for a diverse range of commercial enterprises. The property boasts flat, usable land ready for immediate development, providing ample space for building construction, parking, and future expansion. Commercial zoning permits a wide array of business uses, including retail, office space, hospitality, and storage facilities. Its proximity to essential utilities simplifies the development process. The property benefits from convenient access to State Road 67, a major thoroughfare providing easy transportation and logistics. Its location near Paragon and Martinsville offers access to local amenities, including dining, shopping, and community services. This property presents a significant investment opportunity in a growing area with increasing demand for commercial real estate. The combination of prime location, versatile zoning, and ample space makes this a rare and highly desirable offering for businesses seeking to establish a presence or expand their operations in a thriving area of Morgan County. The property's high visibility and convenient access to major transportation routes ensure strong potential for success and appreciation.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Paragon
    County
    Morgan
    State
    Indiana
    Longitude
    -86.6063
    Latitude
    39.3794

    Comparable in this City

    • Value Estimation by Request
      8,606 SF

      309 Union St

      Commercial real estate • 8,606 SF
      309 Union St, Paragon, IN 46166
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    • Value Estimation by Request
      0.39 Acres

      340 Paragon Rd

      COMMERCIAL (GENERAL) • 0.39 Acres
      340 Paragon Rd, Paragon, IN 46166
      View Details
    • Value Estimation by Request
      0.09 Acres

      2210 State Rd 67

      COMMERCIAL (GENERAL) • 0.09 Acres
      2210 State Rd 67, Paragon, IN 46166-5501
      View Details
    • Value Estimation by Request
      1,560 SF

      381 Un Union

      COMMERCIAL (GENERAL) • 1,560 SF
      381 Un Union, Paragon, IN 46166
      View Details
    • Value Estimation by Request
      2,300 SF

      Ss R 67

      COMMERCIAL (GENERAL) • 2,300 SF
      Ss R 67, Paragon, IN 46166
      View Details
    • Value Estimation
      $345,000
      5,000 SF

      259 Border St

      COMMERCIAL (GENERAL) • 5,000 SF
      259 Border St, Paragon, IN 46166
      View Details

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      food and fun for as long as anyone can remember! The property also includes two residential homes which are leased for $2

      000\/month. The restaurant was updated in 2022 when the bar was added. The renovation included cool overhead garage doors
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    3333 Sr 67
    Paragon, IN 46166
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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
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