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Property profile & analytics
OFF-MARKET
Industrial properties

307 7 St Sullivan, IN 47850

2,920 SF 0.75 ac lot
Property ID
Property summary
AI-generated overview

This exceptional industrial property, located at 307 S 7th Street in Sullivan, Indiana, presents a unique opportunity for business owners. The property encompasses a substantial 2,920 square feet of space situated on a generous 0.75-acre lot. Currently utilized for pallet manufacturing, this turnkey operation offers immediate potential for continued use in the same industry or adaptation to a variety of other industrial applications. The property consists of two buildings, and the seller will subdivide approximately 0.75 to 1 acre of land to accompany the sale. This allows for flexibility in configuring the property to meet specific business needs. While the current owners operate a family-run pallet manufacturing business on the site, the sale of the business and its equipment is negotiable directly with the current owners, providing prospective buyers with the option of acquiring the established business or simply purchasing the real estate. The property's strategic location in Sullivan, Indiana, offers convenient access to transportation routes and essential infrastructure, making it an ideal location for a variety of industrial enterprises. The asking price for this versatile and well-situated industrial property is $180,000. This represents a compelling investment opportunity for those seeking a ready-to-go industrial space or a platform to establish a new venture.

Property profile
Verified
Property type Industrial properties
Total area 2,920 SF
Lot 0.75 ac (32,670 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
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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