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 land

1980 Allison NW Ln Corydon, IN 47112-2035

0.47 ac lot
Individually Owned 21-yr Hold Absentee Owner Free & Clear
Property ID
US31-1396889
Property summary
AI-generated overview

This Corydon, Indiana property is being sold via online auction, concluding Wednesday, March 30th at 2 PM. The offering consists of two parcels: a commercial building and an adjacent vacant lot. The commercial building, with a minimum opening bid of $200,000, features 3 bedrooms, 1 bathroom living quarters currently rented, and a two-car garage. Previously used as a veterinary hospital, this versatile space is ideal for a live-work business, office space, or retail. The half-acre lot includes the building and is situated one mile south of the I-64 interchange, near the IN-135 business corridor. The adjacent vacant lot (MLS# 202207467) has a minimum opening bid of $30,000 and is 0.47 acres. All business personal property will be sold separately at auction. The property is being sold "as is," with inspections welcomed before the auction. A 10% buyer's premium will be added to the final bid. A 10% non-refundable down payment (cash, check, or wire transfer) is due within 24 hours of the auction's close, with the balance due in 40 days. Taxes are prorated to closing, and possession is subject to tenant rights. All closing costs are the buyer's responsibility. Open houses are scheduled for Tuesday, March 22nd and March 29th, from 11 AM to 1 PM.

Property profile
Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 0.47 ac (20,343 SF)
APN 31-09-25-126-007.000-007
UPID US31-1396889
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
Current use
Occupant on record · Public records
  • Old Capital Veterinary Hospital: Cromwell Lisa DVM Veterinary Clinic
  • Towsley Kelley DVM Veterinary Clinic
  • The Spaw & Suites Pet Grooming Service
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
Lynn Towsley Kelley · 21 yrs held
Lynn Towsley Kelley
since 2005
1 recorded transaction
2005
Price N/A
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 1980 Allison NW Ln?
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