2130 State Rd 67 Paragon, IN 46166
This exceptional commercial property, located at 2130 S State Road 67 in Paragon, Indiana, offers nearly 5,000 square feet of versatile space on a 1.02-acre lot. Currently operating as a wedding venue, the building's adaptability makes it ideal for a wide range of businesses. Imagine the possibilities: a bustling restaurant, a convenient gas station, a multi-functional retail space, an auction house, or even a car dealership. The ample square footage and large parking lot can easily accommodate large crowds, ensuring ample space for customers and employees. The property benefits from its highly visible location directly off the heavily traveled State Road 67, guaranteeing significant traffic exposure and attracting a substantial customer base. Low taxes further enhance the property's financial appeal. The existing infrastructure provides a solid foundation for your business venture, allowing you to focus on building your dream. This is a rare opportunity to acquire a substantial commercial property in a prime location with significant potential for growth and profitability. The blank slate awaits your vision.
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
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.