1705 Old Hwy 135th NW Corydon, IN 47112-2011
This exceptional 0.25-acre commercial lot at 1705 Old Highway 135 NW in Corydon, Indiana presents a unique investment opportunity. Currently generating income from an existing ice machine, this property boasts significant potential for a new business venture or expansion. Its strategic location offers unparalleled visibility and accessibility, with road frontage on two sides and all-concrete paving. The property's infrastructure is complete, featuring readily available water, electric, and sewer connections. A substantial steel sign with two billboards is already in place, providing immediate advertising potential. The high-traffic area ensures maximum exposure, and the proximity to I-64 guarantees convenient access for customers and employees. This is an ideal site for entrepreneurs seeking a turnkey solution in a thriving commercial zone. The lot's size and existing infrastructure minimize upfront development costs, allowing for a rapid return on investment. Don't miss this chance to secure a prime piece of Corydon real estate.
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.