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Property profile & analytics
OFF-MARKET
Commercial real estate

599 State Rte 62 Boonville, IN 47601

3,834 SF 0.7 ac lot Built 1982
Individually Owned 2-yr Hold Absentee Owner Free & Clear
Property ID
US31-1724416
Property summary
AI-generated overview

This exceptional 0.7-acre commercial property located at 599 W State Route 62, Boonville, IN, presents a unique investment opportunity for discerning entrepreneurs. Priced at $399,900, this versatile building offers a blank canvas for a wide range of business ventures. Imagine establishing your restaurant, office, or retail store in this highly convenient location. The property's adaptability makes it ideal for a variety of uses, allowing you to tailor the space to your specific business needs. The building boasts recently installed modern amenities, including a new mini-split heating and cooling system ensuring year-round comfort. Furthermore, the electrical and plumbing systems have been completely updated, providing peace of mind and operational efficiency. This turnkey solution eliminates the hassle and expense of significant renovations, allowing you to focus on establishing and growing your business. The property's prime location ensures high visibility and accessibility, attracting a steady stream of potential customers. Don't miss this chance to acquire a well-maintained, versatile commercial property in a thriving area. Contact us today to schedule a viewing and explore the possibilities.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1982
Construction WOOD
Total area 3,834 SF
Lot 0.7 ac (30,492 SF)
APN 87-09-36-300-058.000-003
UPID US31-1724416
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
Edna M Galindo Camacho · 2 yrs held
Edna M Galindo Camacho
since 2024
1 recorded transaction
2024
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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