11653 State Rd 67 Bicknell, IN 47512-8232
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.
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
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.