You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
OFF-MARKET
Commercial land

756 Lakeshore Dr Scottsburg, IN 47170-1577

0.19 ac lot
Individually Owned 1-yr Hold Free & Clear
Property ID
US31-3040066
Property summary
AI-generated overview

This exceptional investment opportunity encompasses three contiguous parcels totaling over 1.5 acres, strategically positioned at 756 Lakeshore Drive in Scottsburg, Indiana. The property boasts multiple road frontages, offering significant visibility and accessibility. A key feature is a six-bay car wash situated on the Gardner Street frontage. The central parcel houses a substantial commercial service building and a former assisted living facility with numerous apartment spaces, presenting a versatile canvas for redevelopment or continued operation. A former residential structure on this parcel also offers potential for conversion into additional apartments. A large parking area is conveniently located at the rear of the assisted living building, overlooking the serene Graham Park Lake. The third parcel, a vacant lot, shares this picturesque lake view, adding to the property's overall appeal. The property's proximity to Interstate 65 (approximately one mile) ensures excellent connectivity and accessibility, making it an attractive proposition for a wide range of commercial ventures. The combined acreage and diverse existing structures provide a unique opportunity for investors seeking a high-impact, multi-faceted commercial property in a desirable location. The asking price for this remarkable property is $750,000.

Property profile
Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 0.19 ac (8,276 SF)
APN 72-05-18-440-056.002-008
UPID US31-3040066
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
  • Lake Iola Assisted Living Nursing Home Retirement Community
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
Garry J Miner · 1 yrs held
Garry J Miner
since 2024
2 recorded transactions
2024
Price N/A
2023
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 756 Lakeshore Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message