3333 Sr 67 Paragon, IN 46166
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.
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
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.