You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
OFF-MARKET
Commercial real estate

1189 Hospital Rd Paoli, IN 47454-9668

1,800 SF 2.01 ac lot Built 1971
Individually Owned 2-yr Hold ~ Est. High Equity
Property ID
US31-2187588
Property summary
AI-generated overview

This exceptional business opportunity in Paoli, Indiana presents a fully renovated 1800 square foot brick and block building situated on a 2.01-acre lot. The property boasts 80 feet of road frontage along a busy corridor, ensuring high visibility and convenient access for customers. Recent renovations include completely updated electrical, plumbing, and HVAC systems, providing modern and efficient infrastructure. The interior features an open and spacious layout, perfect for a variety of business uses. Four plumbed workstations, a separate office, a utility sink, and one bathroom cater to diverse operational needs. A dedicated mechanical room ensures easy maintenance. The epoxy flooring is durable and easy to clean, while fresh interior paint provides a modern aesthetic. The property is zoned for general industrial use, opening up a wide range of possibilities for entrepreneurs. Extensive gravel parking is available, with additional acreage providing room for future expansion. This turnkey property is ready for immediate occupancy and presents a unique chance to establish or relocate a business in a thriving location.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1971
Construction WOOD
Total area 1,800 SF
Lot 2.01 ac (87,425 SF)
APN 59-06-35-400-063.000-012
UPID US31-2187588
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
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Elizabeth Hernandez · 2 yrs held
Elizabeth Hernandez
since 2024
Last sale
$135,000
3 recorded transactions
2024
$135,000
2024
Price N/A
2023
$109,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1189 Hospital Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message