124 Chestnut St Seymour, IN 47274-2302
This 1,534 square foot commercial office building in Seymour, Indiana, enjoys a highly visible location on Highway 50 (Tipton Street), situated at a stoplight in the downtown area. The property offers excellent accessibility with three entrances and four dedicated parking spaces, supplemented by public parking nearby and in a nearby alley. The building's interior comprises approximately four to five private offices, two conference rooms, two restrooms, and a kitchenette, providing ample space for a variety of business needs. The entire building is available, or it can be subdivided to suit individual requirements. A key feature is the large, illuminated signage, ensuring maximum exposure to traffic flowing in both directions on Highway 50. Recent renovations enhance the property's appeal
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
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.