908 E Old Highway 64 English, IN 47118
For Sale
1 / 38
This exceptional commercial property in English, Indiana offers a unique blend of immediate income and long-term potential. The main structure is a modern approximately 11,000 square foot steel and metal building featuring a concrete floor, three-phase electric service, gas, and water access. Ideally situated at the property's entrance is an office space. This building is ready for immediate occupancy and can be customized to suit various business needs. The property sits on a substantial 16.53-acre lot, providing ample space for expansion, parking, or additional storage. Adding to its investment appeal, a portion of the land is currently leased to a local farmer, generating consistent rental income. This presents a dual opportunity: immediate return on investment from the existing lease, and the potential for future development or expansion on the remaining acreage. The property's strategic location and robust infrastructure make it suitable for a wide range of commercial ventures, beyond its current use as a sawmill. The property's size and features make it an attractive option for businesses seeking a versatile and well-equipped space in a growing market. Additional acreage may be available.
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
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.