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    27.82 +/- Acres Zoned Commercial On Us 231 Alamo, IN 47916

    • Land
    • 27.82 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 27.82 +/- Acres Zoned Commercial On Us 231

    Lot size
    27.82 lot acres
    Property type
    Land
    Property subtype
    Farms

    Description

    This exceptional 27.82-acre commercial property presents a unique investment opportunity in Alamo, Indiana. Strategically located on the corner of US Highway 231 and County Road 900 N, this parcel boasts excellent road frontage and benefits from high daily traffic counts, ensuring significant visibility for any business. Currently zoned for Commercial Business use, the land offers versatility for a wide range of commercial enterprises, from agribusiness ventures to contractor operations. The property's existing tillable land provides potential for income generation, adding to its overall value. The parcel's APN is 02-17-300-015.000-016. Situated in Montgomery County, Indiana, with a zip code of 47916, this location offers easy access to Crawfordsville and surrounding areas. The asking price for this prime commercial land is $500,000. This is an exceptional opportunity to acquire a highly visible and versatile commercial property in a desirable location with significant development potential. Don't miss out on this chance to secure a valuable asset in a thriving area.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Alamo
    County
    Montgomery
    State
    Indiana
    Longitude
    -87.0562
    Latitude
    39.9837

    Comparable in this City

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      0.16 Acres

      Main Cross St

      CHARITABLE ORGANIZATION • 0.16 Acres
      Main Cross St, Alamo, IN 47916
      View Details
    • Value Estimation by Request
      6,352 SF

      204 Maincross St

      INDUSTRIAL (GENERAL) • 6,352 SF
      204 Maincross St, Alamo, IN 47916-8008
      View Details
    • Value Estimation by Request
      2,722 SF

      206 Madison St

      THEATER (MOVIE) • 2,722 SF
      206 Madison St, Alamo, IN 47916-8010
      View Details
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    27.82 +/- Acres Zoned Commercial On Us 231
    Alamo, IN 47916
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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