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Property profile & analytics
OFF-MARKET
Commercial real estate

208 Railroad St Henryville, IN 47126-9744

3,966 SF 0.32 ac lot Built 1920
Individually Owned Absentee Owner Free & Clear
Property ID
US31-1185963
Property summary
AI-generated overview

This unique Henryville, Indiana property presents a rare investment opportunity. The main structure, a former feed mill, boasts substantial commercial warehouse space, perfect for various uses. Features include ample office space, multiple bathrooms, convenient loading docks, and a large overhead door accommodating sizable vehicles. The property also includes approximately 0.32 acres of land, offering potential for expansion or additional development. A separate barn adds further versatility. Adding to the property's character is a historic barber shop building, featuring a spacious open living room, compact sleeping quarters, a full kitchen, and a bathroom. This presents a unique residential or mixed-use possibility. The total square footage is 4,366, however, all square footage, zoning designations, permitted usage, property lines, and acreage are subject to buyer verification and due diligence. This property offers a blend of historical charm and significant commercial potential, making it an attractive proposition for discerning investors seeking a unique and versatile asset in a desirable location. The buyer is responsible for verifying all aspects of the property, including but not limited to zoning, permitted uses, and exact property lines. This is a chance to acquire a piece of Henryville's history and shape its future.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1920
Construction WOOD
Total area 3,966 SF
Lot 0.32 ac (13,939 SF)
APN 10-06-25-500-057.000-027
UPID US31-1185963
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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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
LEROY GUTHRIE
LEROY GUTHRIE
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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