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Property profile & analytics
OFF-MARKET
Commercial real estate

9513 Smith St Yorktown, IN 47396-1119

960 SF 0.21 ac lot Built 1950
Entity Owned 4-yr Hold Free & Clear
Property ID
US31-1455140
Property summary
AI-generated overview

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

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1950
Construction WOOD
Total area 960 SF
Lot 0.21 ac (8,933 SF)
APN 18-10-22-158-002.000-017
UPID US31-1455140
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
Prairie Creek Realty II LLC · 4 yrs held
Prairie Creek Realty II LLC
since 2022
2 recorded transactions
2022
Price N/A
2007
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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