629 W Lake Rd W Scottsburg, IN 47170
For Sale
This exceptional 6.5-acre (+/-) vacant commercial land parcel presents a remarkable opportunity for businesses seeking high visibility and convenient access in Scottsburg, Indiana. Strategically located on the corner of Gardner Street and West Lake Road (also known as Lover's Lane), this level lot is ready for immediate development. The property boasts significant road frontage on both streets, ensuring excellent exposure to a substantial volume of daily traffic. Its prime location offers unparalleled visibility for any commercial venture. City utilities are already in place, simplifying the construction process and reducing upfront costs. The expansive acreage provides ample space for a variety of commercial uses, from retail establishments and restaurants to office buildings and light industrial facilities. This is a rare opportunity to acquire a well-situated, build-ready commercial lot in a thriving community. The level terrain eliminates costly site preparation, making this an exceptionally attractive investment for developers and entrepreneurs alike. Don't miss this chance to establish your business in a high-traffic area with excellent visibility and convenient access. The property's location and size offer significant potential for long-term growth and profitability.
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
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.