1021 Hart Street Rd Vincennes, IN 47591
For Sale
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This exceptional 0.44-acre commercial lot, located at 1021 Hart St. in Vincennes, Indiana (APN: 421221404004000022), presents a compelling investment opportunity. Zoned C1, this property boasts a highly desirable location with easy highway access, ensuring significant visibility and potential for a variety of commercial uses. Currently generating a consistent annual income of $3200 from existing billboard rentals, this asset offers immediate return on investment. Public utilities are readily available, simplifying development and operational costs. The property's size and strategic location make it ideal for a range of commercial ventures, from retail establishments to service businesses. The asking price is $129,900. This is a rare opportunity to acquire a well-situated, income-producing commercial land parcel in a thriving Indiana community. Don't miss out on this chance to capitalize on the significant potential of this prime location. Serious inquiries only.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
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.