9513 Smith St Yorktown, IN 47396-1119
This exceptional retail property, located at 9513 W Smith St in Yorktown, Indiana, presents a unique investment opportunity. Priced at $449,900, this 0.2-acre lot boasts a bank building in the heart of downtown Yorktown. The property is zoned HM Heritage Mix, allowing for a variety of potential uses within the established zoning guidelines. Yorktown is experiencing significant expansion, with a master plan driving new residential and commercial development, making this a strategically positioned asset for future growth. The building's current configuration as a bank provides a solid foundation for a variety of retail businesses, or potential redevelopment opportunities. The property's central location offers excellent visibility and accessibility, ensuring high foot traffic and potential customer reach. This is an ideal opportunity for investors seeking a strong return in a thriving Indiana community. The seller will not be contributing to buyer agent commissions
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
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
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.