1105 Park AveAlexandria, IN 46001

  • Other commercial real estate
  • 9,000 SF
For Sale
$399,900 View listing

Property Details for 1105 Park Ave

Year built
1994
Construction
WOOD
Lot size
0.87 AC
Property size (Sq ft)
9,000 SF
Property type
Other commercial real estate
APN
48-06-18-200-060.000-022
APU
480618200060000022

Description

This exceptional commercial property, situated on a 1.04-acre corner lot at 1105 N Park Avenue in Alexandria, Indiana, offers unparalleled potential. The 9,000 square foot pole building, currently housing an auction gallery, boasts a highly desirable location on State Road 9, ensuring maximum visibility and accessibility. Zoned B-2 (General Business), this versatile space presents numerous redevelopment opportunities. The existing structure features four overhead doors, a fully equipped kitchen, office space, and separate men's and women's restrooms. City utilities are readily available. The property's prime location makes it ideal for a wide range of commercial ventures, including but not limited to: an event center, pharmacy, car dealership, multi-family or senior housing complex, restaurant, or a multi-tenant retail or office complex. The high traffic count on State Road 9 guarantees significant exposure. While the property is approximately 1.04 acres, a survey will be conducted to determine the exact acreage at the time of sale. This is a rare opportunity to acquire a substantial commercial property in a thriving location with significant upside potential. Don't miss out on this chance to establish your business in a highly visible and convenient setting.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,282,184
    Hospitality
    $1,174,474
    Educational
    $977,148
    Medical
    $1,010,754
    Retail
    $1,520,009
1105 Park Ave, Alexandria, Indiana
Leaflet | © OpenStreetMap contributors

Location Insight

City
Alexandria
County
Madison
State
Indiana
Latitude
40.272
Longitude
-85.6709
CBSA code
26900
CBSA name
INDIANAPOLIS-CARMEL-ANDERSON, IN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$5,565
$34,800
$91,500
$126,300
-
$34,800
$91,500
$126,300

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at support@realmo.com and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at support@realmo.com.