Current Use by Public Records
- Commercial real estate
Property Details for 1562 Hwy
- Year built
- 1950
- Lot size
- 9.24 lot acres
- Property type
- Commercial real estate
Description
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.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Borden
- County
- Clark
- State
- Indiana
- Longitude
- -85.9137
- Latitude
- 38.4548
