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Property profile & analytics
OFF-MARKET
Commercial real estate

11653 State Rd 67 Bicknell, IN 47512-8232

1,946 SF 0.73 ac lot Built 1949
Individually Owned Free & Clear
Property ID
US31-2989116
Property summary
AI-generated overview

This exceptional commercial property, located at 11653 N State Road 67 in Bicknell, Indiana, presents a unique investment opportunity. Boasting a prime location with significant highway frontage on State Road 67, this property benefits from high traffic volume, ensuring excellent visibility and accessibility for any business. The main building is a sturdy brick storefront featuring two well-appointed offices, a comfortable waiting room, and a dedicated receptionist area. Adding to its versatility, an attached storage/workshop area offers the potential for an additional 675 square feet of usable space, expanding the property's functionality. The 0.73-acre lot provides ample space for parking and potential future expansion. Further enhancing the property's appeal is a three-bay lean-to with 10-foot ceilings, offering additional covered storage or workspace, along with a convenient two-car carport. Currently occupied by an established business with a history spanning over 50 years, this presents a unique opportunity to acquire a turnkey operation or to develop the property to suit your specific business needs. The asking price for this property is $149,900. The existing business may be available for purchase separately, providing an additional revenue stream. This property is ideal for a variety of commercial uses and represents a compelling investment in a thriving location.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1949
Construction TYPE NOT SPECIFIED
Total area 1,946 SF
Lot 0.73 ac (31,799 SF)
APN 42-08-17-300-002.000-018
UPID US31-2989116
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
STARLIN H SIMS
STARLIN H SIMS
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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