3508 Sr 7 Madison, IN 47250
This exceptional 6.76-acre property at 3508 N Sr 7 in Madison, Indiana, presents a unique investment opportunity. The site boasts an existing office building and a substantial garage featuring two access doors and a convenient loading dock, perfectly suited for industrial or commercial operations. Its strategic location offers significant advantages, including direct frontage on a state highway, ensuring easy access for semi-trucks and heavy vehicles. The property's M2-Heavy Industrial zoning allows for a wide range of potential uses. The existing infrastructure includes the benefit of 3-phase electric service, simplifying the setup for various industrial equipment. Ample space is available for maneuvering and storage, making this an ideal location for businesses requiring significant yard space. The sale is offered without contingencies. Please note that certain items on the property, including tenant contents, a mobile trailer, the existing corn/soybean crop, and an iron awning, are not included in the sale. This property is priced at $525,000 and offers a compelling combination of existing structures, prime location, and substantial land area. Serious inquiries only.
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.
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.