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Property profile & analytics
FOR SALE
Commercial land

7117 E State Road 362 Nabb, IN 47147

Individually Owned 2-yr Hold
Property ID
US31-0807037
Property summary
AI-generated overview

Are you looking for the perfect commercially zone property to fit your desired endeavors? Check out this property! This property is a fabulous opportunity for those with a vision to transform it into something exceptional. Situated on a generous 1.48 acres of land, the property features an existi ... ng building that holds immense potential for a variety of uses. Whether youâre an entrepreneur looking to establish a business, an artisan in need of a creative space, or someone with a passion for real estate projects, the building can serve as a versatile foundation with ample space that can be tailored to your specific needs. Alternatively, you may decide to tear it down, providing you with a blank canvas to bring your dream project to life.

Property profile
Verified
Property type Commercial land
UPID US31-0807037
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
Michael Logsdon · 2 yrs held
Michael Logsdon
since 2024
2 recorded transactions
2024
Price N/A
2023
$18,000
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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