5028 Us Hwy 31 Seymour, IN 47274-8566
This exceptional commercial property, located at 5028 N US Highway 31 in Seymour, Indiana, presents a unique investment opportunity. The main building offers approximately 5,000 square feet of retail space, featuring a rustic interior design. The layout includes large open areas ideal for display, multiple partitioned rooms for diverse uses, a dedicated office area, fitting rooms, a well-equipped storage room with shelving, a convenient kitchenette, and two bathrooms. The property sits on a sizable 0.85-acre lot, providing ample parking for customers and employees. Adding to its functionality is a detached 24x20 pole barn, offering an additional 480 square feet of storage or workshop space. Its prime location at the corner of Highway 31 and Montgomery Lane ensures high visibility and accessibility. The property benefits from its proximity to major transportation arteries, being a quarter-mile from the Highway 50/31 intersection and less than a mile from I-65 access, guaranteeing convenient access for both local and regional customers. This versatile space is perfect for a variety of retail businesses and presents a strong potential for significant return on investment. The asking price is $425,000.
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
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
4 · Seymour, INSeymour. Always verify with local authorities before improvements.
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.