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    517 Main St Farmersburg, IN 47850

    • Specialty properties
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Specialty properties

    Property Details for 517 Main St

    Property type
    Specialty properties
    Property subtype
    Land

    Description

    This exceptional $37,900 property at 517 W Main Street, Farmersburg, IN 47850, presents a unique opportunity for entrepreneurs and investors alike. Situated on a desirable corner lot in the heart of Farmersburg, Indiana, this special purpose land offers unparalleled flexibility. Currently unzoned, this 0-unit property allows for a wide range of commercial ventures, from retail spaces to small businesses, or even conversion into a single-family residence. The expansive space provides ample room for development and customization to suit your specific needs. Its central location ensures high visibility and accessibility, making it an ideal spot to establish a thriving enterprise. The asking price reflects a compelling investment opportunity, making this property an attractive proposition for those seeking a prime location with significant potential. The property's latitude and longitude coordinates are 39.2541293, -87.3849808, respectively. Located in Sullivan County, this property is ready for its next chapter. Don't miss this chance to secure a piece of Farmersburg's vibrant commercial landscape.

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Farmersburg
    County
    Sullivan
    State
    Indiana
    Longitude
    -87.385
    Latitude
    39.2541

    Comparable in this City

    • Value Estimation by Request
      2,565 SF

      10325 Us-41

      Flex space • 2,565 SF
      10325 Us-41, Farmersburg, IN 47850
      View Details
    • Value Estimation by Request
      0.20 Acres

      Heap St

      CHARITABLE ORGANIZATION • 0.20 Acres
      Heap St, Farmersburg, IN 47850
      View Details
    • Value Estimation by Request
      0.06 Acres

      Farmersburg, IN 47850

      VACANT COMMERCIAL LAND • 0.06 Acres
      Farmersburg, IN 47850
      View Details
    • Value Estimation by Request
      0.11 Acres

      Farmersburg, IN 47850

      VACANT COMMERCIAL LAND • 0.11 Acres
      Farmersburg, IN 47850
      View Details
    • Value Estimation by Request
      0.06 Acres

      1st St

      VACANT COMMERCIAL LAND • 0.06 Acres
      1st St, Farmersburg, IN 47850
      View Details
    • Value Estimation by Request
      38.23 Acres

      9750 Us Hwy 41

      COMMERCIAL (GENERAL) • 38.23 Acres
      9750 Us Hwy 41, Farmersburg, IN 47850-8069
      View Details

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    Similar Nearby for Lease

    • $1.26 SF/Yr
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      Farmersburg Flex Space Available

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      10325 Us-41, Farmersburg, IN 47850
      View Details
    • $1,050 /Mo
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      Farmersburg Industrial/Warehouse Flex Space

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      View Details
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    517 Main St
    Farmersburg, IN 47850
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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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