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Property profile & analytics
FOR SALE
Retail space

600 Green Rd Madison, IN 47250

500 SF 0.18 ac lot Built 1979
Individually Owned Absentee Owner Free & Clear
Property ID
US31-2172361
600 Green Rd, Madison, IN 47250 For Sale
$79,900 500 SF
600 Green Rd, Madison, IN 47250
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Property summary
AI-generated overview

This exceptional commercial property, located at 600 Green Road in Madison, Indiana, presents a unique investment opportunity. Situated on a prominent hilltop location, this property benefits from high visibility and significant traffic flow, ensuring maximum exposure for any business. The 0.21-acre lot encompasses two parcels, offering flexibility and potential for expansion or future development. The property is zoned General Business, allowing for a wide range of commercial uses. All city utilities are readily available, simplifying setup and operation. The building itself is an office space, though the exact square footage is currently unavailable. This prime location in Madison offers unparalleled access to the city's amenities and a strong local market. The asking price for this exceptional commercial property is $79,900. This represents a compelling opportunity to acquire a well-situated commercial property in a thriving Indiana community. The high traffic location and General Business zoning make this an ideal investment for entrepreneurs and businesses seeking a prominent presence in Madison. The dual parcels provide added value and potential for future growth. Don't miss this chance to secure a valuable asset in a desirable location. Serious inquiries are encouraged.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1979
Construction WOOD
Total area 500 SF
Lot 0.18 ac (8,025 SF)
APN 39-08-27-224-035.000-007
UPID US31-2172361
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
Current use
Occupant on record · Public records
  • Lee's Locksmith Service Locksmith
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
JAY KOEHLER
JAY KOEHLER
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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