6297 County Rd 750th S Reelsville, IN 46171-8830
This unique mixed-use property in Reelsville, Indiana, presents a rare investment opportunity. The 612-square-foot building currently serves as a post office, generating monthly income from the United States Postal Service. This provides a consistent revenue stream, partially offsetting mortgage payments. The property sits on approximately one acre of land, offering ample space for development. Imagine building your dream home on this expansive lot, while enjoying the passive income from the existing post office. Located just one block from US Highway 40, the property offers convenient access to major roadways. While a septic system is needed for any new construction, all other utilities are readily available. This is a chance to own a piece of local history, combine residential living with a steady income stream, and create a unique and profitable investment. The property's rural setting provides a peaceful atmosphere, yet remains conveniently close to essential amenities. The possibilities are endless for this versatile property, blending historical charm with modern development potential. This is a truly exceptional opportunity to acquire a piece of Indiana history with significant income potential.
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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
Property description
Physical attributes from public recordsZoning & alternative use
ZO01 · Reelsville, INReelsville. Always verify with local authorities before improvements.
No recorded transactions found for this property.
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.