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Property profile & analytics
FOR SALE
Retail space

988 W Mcclain Ave Scottsburg, IN 47170

0.36 ac lot
Property ID
US31-0180662
Property summary
AI-generated overview

This exceptional 0.36-acre commercial lot presents a compelling redevelopment opportunity in Scottsburg, Indiana. Located at 988 W McClain Ave, this vacant storefront property boasts a prime corner location with exceptional visibility and easy access, situated off Highway 65, a major thoroughfare with a daily vehicle count of 44,632. The property is part of the Louisville Metropolitan Statistical Area (MSA), the 43rd largest metro area in the United States, ensuring a robust and growing market. The asking price is $295,000. This location benefits from its proximity to established national retailers, including Walmart, Dollar Tree, McDonald's, and a Holiday Inn Express, creating a strong retail environment and attracting significant consumer traffic. The property's APN is 72-05-19-130-067.000-008. This is an ideal site for a variety of retail developments, capitalizing on the high traffic volume and strong surrounding businesses. The property is zoned for commercial use (verification required). This presents a rare chance to acquire a highly visible and strategically located property in a thriving market. Don't miss this chance to build your business in a prime location.

Property profile
Verified
Property type Retail space
Lot 0.36 ac (15,682 SF)
APN 72-05-19-130-067.000-008
UPID US31-0180662
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
  • Re/Max Ability Plus Lesa L. Jones Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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