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    Coral St Salem, IN 47167
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    Coral St, Salem, IN 47167

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    • Land
    • 1.16 lot acres
    Off-Market

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Coral St

    Lot size
    1.16 lot acres
    Property type
    Land

    Description

    This exceptional 1.16-acre commercial land parcel, located in Salem, Indiana, presents a unique investment opportunity. Priced at $650,000, this property is ideally suited for a variety of commercial ventures, including quick-service restaurants (QSRs), single retail establishments, or coffee shops. The property's zoning is designated as Commercial, ensuring flexibility for diverse development plans. The lot size provides ample space for construction and potential expansion. The sale includes three parcels, with APN numbers 88-24-16-221-005.000-022, 88-24-16-222-001.001-022, and 88-24-16-221-004.000-022. Situated on Coral Street in Washington County, Indiana, with a zip code of 47167, this location offers excellent visibility and accessibility. The geographic coordinates are 38.6161922 latitude and -86.0839556 longitude. This property represents a compelling opportunity for investors seeking a strategically located commercial site with significant development potential in a thriving Indiana community. Don't miss this chance to acquire a prime piece of commercial real estate in Salem.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use


    Location Insight

    • Map
    • Local Demand
    City
    Salem
    County
    Washington
    State
    Indiana
    Longitude
    -86.084
    Latitude
    38.6162
    More about this property
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