Mcclain Ave Scottsburg, IN 47170
This exceptional commercial vacant lot presents a unique investment opportunity in the thriving Scottsburg, Indiana market. Currently part of a larger parcel, this property is undergoing a subdivision process, and will soon receive its own address following a survey. The approximate lot size is 0.35 acres, offering ample space for a variety of commercial ventures. Prospective buyers are encouraged to conduct their own independent survey and soil tests to fully assess the land's suitability for their intended use. Please note that the tax assessment values and legal address will be updated before closing, reflecting the newly established parcel. This is a blank canvas ready for your vision. While this listing focuses on the 0.35-acre lot, it's important to note that additional acreage is available for purchase, including a separate property featuring a two-unit commercial building (MLS#2024012162). This presents a potential opportunity for expansion or a synergistic investment. This prime location in Scottsburg offers excellent visibility and accessibility, making it an attractive proposition for businesses seeking a strategic foothold in a growing community. Don't miss this chance to acquire a piece of Scottsburg's commercial future. Act quickly, as opportunities like this are rare.
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
Similar Nearby for Lease
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.