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Property profile & analytics

756 Lakeshore Dr Scottsburg, IN 47170

  • Commercial land
  • 0.19 lot acres
For Sale
Last Sale
May 26, 2023
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US31-3040066
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Lake Iola Assisted Living / Assisted Living Facility / Senior Citizen Center

Property Details for 756 Lakeshore Dr

Lot size
0.19 lot acres
Property type
Commercial land
APN
72-05-18-440-056.002-008
APU
720518440056002008

Description

This exceptional investment opportunity encompasses three contiguous parcels totaling over 1.5 acres, strategically positioned at 756 Lakeshore Drive in Scottsburg, Indiana. The property boasts multiple road frontages, offering significant visibility and accessibility. A key feature is a six-bay car wash situated on the Gardner Street frontage. The central parcel houses a substantial commercial service building and a former assisted living facility with numerous apartment spaces, presenting a versatile canvas for redevelopment or continued operation. A former residential structure on this parcel also offers potential for conversion into additional apartments. A large parking area is conveniently located at the rear of the assisted living building, overlooking the serene Graham Park Lake. The third parcel, a vacant lot, shares this picturesque lake view, adding to the property's overall appeal. The property's proximity to Interstate 65 (approximately one mile) ensures excellent connectivity and accessibility, making it an attractive proposition for a wide range of commercial ventures. The combined acreage and diverse existing structures provide a unique opportunity for investors seeking a high-impact, multi-faceted commercial property in a desirable location. The asking price for this remarkable property is $750,000.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

  • CAP approach

  • Comparable approach

  • Alternative Use

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Scottsburg
County
Scott
State
Indiana
Longitude
-85.7786
Latitude
38.6935
CBSA code
42500
CBSA name
SCOTTSBURG, IN MICROPOLITAN 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
$228
$7,600
$0.00
$7,600
-
$7,600
$0.00
$7,600
More about this property
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