Technical
Financial
Distress signals
Property profile

225 High St Corydon, IN 47112

FOR SALE
Warehouses
Property ID
US31-2974609
1,740 SF 0.07 ac lot Built 1940
Entity Owned Absentee Owner Free & Clear
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225 High St, Corydon, IN 47112 For Sale
$59,000 1,740 SF
225 High St, Corydon, IN 47112
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Property summary

AI-generated overview

This exceptional 1740 square foot industrial property, located at 225 W High Street in Corydon, Indiana, presents a unique investment opportunity. Situated on a 0.07-acre lot in the heart of Corydon's historic district, this building boasts a rich history, believed to be the original blacksmith shop of Corydon. Its prime downtown location offers unparalleled visibility and accessibility. The property is being sold "As Is," providing buyers with the flexibility to envision and execute their own renovation and development plans. The building's proximity to the Constitutional Elm adds to its historical significance and potential appeal. This is a rare chance to acquire a piece of Corydon's heritage and transform it into a thriving business or unique residential space. The property's size and location make it suitable for a variety of uses, subject to local zoning regulations and any necessary permits. Given its historical context and central location, this property offers significant potential for redevelopment or adaptive reuse. Serious inquiries are encouraged to explore the possibilities this unique property presents. The property is sold as-is, and buyers are responsible for conducting their own due diligence. This includes, but is not limited to, verifying zoning regulations, conducting environmental assessments, and obtaining any necessary permits.

Property profile

Verified
Property type Warehouses
Use group STORAGE YARD, OPEN STORAGE
Year built 1940
Construction WOOD
Total area 1,740 SF
Lot 0.07 ac (2,952 SF)
APN 31-10-31-106-001.000-008
UPID US31-2974609

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

225 High St Corydon, IN 47112
Corydon metro Census 60401 LOUISVILLE-JEFFERSON COUNTY, KY-IN METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$150k

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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