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Property profile & analytics
OFF-MARKET
Commercial real estate

1705 Old Hwy 135th NW Corydon, IN 47112-2011

0.25 ac lot Built 1988
Entity Owned Free & Clear
Property ID
US31-3099374
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1988
Lot 0.25 ac (10,846 SF)
APN 31-09-25-251-011.000-008
UPID US31-3099374
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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Owner & transaction history
RPM PROPERTIES LLC
RPM PROPERTIES LLC
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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