0115 State Road 10 North Judson, IN 46366
This exceptional investment opportunity encompasses a 4,000 square foot multi-business property situated on a 1.09-acre lot in North Judson, Indiana. The property includes three buildings, constructed in 1970 and renovated in 2011, currently housing Russ's Tire Shop and Rumors Hair Salon, both operating at 100% occupancy. The main building, totaling 2560 square feet, houses both businesses, sharing kitchen, bathroom, and laundry facilities. A separate 24 x 60 foot pole barn provides an additional 1440 square feet of storage or potential for a third business. The property's prime location on State Road 10 ensures high traffic visibility. The asking price is $375,000. The property's APN is 75-09-24-202-004.000-013. This is a unique owner/user opportunity with significant potential for growth and expansion. The property's high traffic location and existing successful businesses make it an attractive investment for both established entrepreneurs and those seeking a turnkey operation. The potential to sell additional car sheds and garages offers an additional revenue stream.
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.