115 Mill St Boonville, IN 47601
This exceptional commercial property in Boonville, Indiana, presents a unique investment opportunity. Situated on a 0.32-acre corner lot at 115 Mill St, 47601, this property boasts two buildings totaling 2,952 square feet, priced at $105,000 ($35.57/sq ft). One building is a 24' x 36' pole barn equipped with plumbing, electricity, two garage doors, and a man door. The second building, formerly a self-service car wash, has been repurposed into storage space, with three bays enclosed and featuring 9' garage doors at each end. The property is zoned Commercial 1 and benefits from a large paved parking lot, offering ample space for various uses. Its convenient location within Boonville city limits, just minutes from the downtown area, ensures high visibility and accessibility. The property's parcel number is 87-09-26-417-035.000-003. This versatile property is ready for a new owner to capitalize on its potential.
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
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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.