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Property profile & analytics
OFF-MARKET
Commercial real estate

1562 Hwy Borden, IN 47106

9.24 ac lot Built 1950
Property ID
Property summary
AI-generated overview

This exceptional 9.24-acre commercial property boasts 522 feet of prime road frontage along Highway 60 in Borden, Indiana, offering unparalleled visibility and accessibility. The land features approximately 6.3 acres of usable space, having been largely removed from the floodplain, with the exception of a narrow strip along a creek. The property's strategic location makes it ideally suited for a variety of commercial ventures. Imagine the possibilities for a convenience store, warehouse, or other commercial development. Currently, two houses situated on the property generate rental income, providing a potential passive income stream for the new owner. The substantial acreage and high-traffic location present a rare opportunity for significant return on investment. This property offers a unique blend of immediate income potential and long-term development prospects. The extensive road frontage ensures high visibility for any business established here, attracting a large customer base. The mostly flood-free land provides a stable foundation for construction and operation. Don't miss this chance to acquire a highly desirable commercial property in a growing area. Serious inquiries only.

Property profile
Verified
Property type Commercial real estate
Year built 1950
Lot 9.24 ac (402,494 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
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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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