517 Main St Farmersburg, IN 47850
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.
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
Similar Nearby for Sale
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.