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Property profile & analytics
OFF-MARKET
Warehouses

5028 Us Hwy 31 Seymour, IN 47274-8566

5,000 SF 0.85 ac lot Built 1991
Entity Owned 2-yr Hold Free & Clear
Property ID
US31-1520103
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Warehouses
Use group STORAGE YARD, OPEN STORAGE
Year built 1991
Construction WOOD
Total area 5,000 SF
Lot 0.85 ac (37,026 SF)
Zoning code 4
APN 36-66-15-400-023.000-009
UPID US31-1520103
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
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Double A Property Group LLC · 2 yrs held
Double A Property Group LLC
since 2024
3 recorded transactions
2024
Price N/A
2024
Price N/A
2010
Price N/A
Zoning & alternative use
4 · Seymour, IN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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