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Property profile & analytics
FOR SALE
Commercial real estate

908 E Old Highway 64 English, IN 47118

988 SF 15.03 ac lot Built 1999
Entity Owned 11-yr Hold Free & Clear
Property ID
US31-2368944
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1999
Construction WOOD
Total area 988 SF
Lot 15.03 ac (654,750 SF)
APN 13-07-10-403-001.000-010
UPID US31-2368944
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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Comparable Approach Comparable
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Owner & transaction history
LANDMARK WOOD PRODUCTS, INC
LANDMARK WOOD PRODUCTS, INC
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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