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Property profile & analytics
FOR SALE
Commercial land

629 W Lake Rd W Scottsburg, IN 47170

896 SF 6.56 ac lot Built 1932
Entity Owned 2-yr Hold Free & Clear
Property ID
US31-0858581
629 W Lake Rd W, Scottsburg, IN 47170 For Sale
Contact for pricing 896 SF
629 W Lake Rd W, Scottsburg, IN 47170
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Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Year built 1932
Total area 896 SF
Lot 6.56 ac (285,928 SF)
APN 72-05-29-320-004.000-008
UPID US31-0858581
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
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by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Supreme Dirt Worx LLC · 2 yrs held
Supreme Dirt Worx LLC
since 2023
Last sale
$230,000
1 recorded transaction
2023
$230,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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