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Property profile & analytics
OFF-MARKET
Office Spaces

301 Murlin St Bicknell, IN 47512-1924

3,000 SF 0.15 ac lot Built 1987
Entity Owned Free & Clear
Property ID
US31-0918272
Property summary
AI-generated overview

This exceptional mixed-use property, located at 301 N Murlin St, Bicknell, IN 47512, presents a remarkable investment opportunity. Boasting a substantial 6,000 square feet of space within a single-story, 1987-built structure situated on a sprawling 60-acre lot (APN: 42-08-16-406-079-000-012), this property offers unparalleled versatility. The main level features a kitchen, dining area, a large open area (30x29 ft), two half-baths, and flexible space adaptable to various uses. The lower level provides additional flexible areas and ample storage. A significant asset is the expansive two-car garage (added in 2002), offering considerable potential for diverse applications. Adding to the property's appeal is a finished loft area above the garage (39x14 ft), not included in the stated square footage. Further enhancing the property's utility is an additional garage with workspace. The property encompasses four lots, providing significant expansion possibilities. Currently vacant, this property is zoned residential, presenting a unique opportunity for creative redevelopment and diverse income streams. The asking price is $162,400.

Property profile
Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 1987
Construction TYPE NOT SPECIFIED
Total area 3,000 SF
Lot 0.15 ac (6,490 SF)
APN 42-08-16-406-080.000-012
UPID US31-0918272
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
FIRST WESLEYAN CHURCH BICKNELL
FIRST WESLEYAN CHURCH BICKNELL
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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