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    Versatile Commercial Space Near I-65
    Updated: Jul 4, 2017
    Versatile Commercial Space Near I-65

    14312 Railroad Street, Memphis, IN 47126

    $700,000
    25,000 sqft 4.00 AC lot
    Over 25,000 sq ft commercial space on 4 acres.
    Conveniently located off I‑65.
    Renovated and upgraded former school building.
    Includes indoor gym and studio/fitness center.
    Features baseball field, basketball court, and batting cages.
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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Memphis, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Former JCPS Childcare Education Center
    Former JCPS Childcare Education Center

    7401 Riverport Dr, Louisville, KY 40258

    $995,000
    8,935 sqft 3.00 AC lot

    Well-maintained 8,900 SF building on 3+ acres, suitable for various uses.

    View details
    Louisville Special Purpose Building
    Louisville Special Purpose Building

    14001 Shelbyville Rd, Louisville, KY 40245

    $2,500,000
    5,566 sqft

    5,566 SF building in Louisville, ideal for special purpose.

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    Church Facility with Outdoor Grounds
    Church Facility with Outdoor Grounds

    3611 East 34th Street, Indianapolis, IN 46218

    $275,000
    3,392 sqft

    Ministry-ready facility with offices, restrooms, parking, kitchen space, and outdoor room for community and youth programs.

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    Historic Building in Lockerbie Neighborhood
    Historic Building in Lockerbie Neighborhood

    407 N Fulton St, Indianapolis, IN

    $6,920,000
    51,432 sqft 1.23 AC lot

    Historic three-story building with parking and multi-tenant income.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Hardinsburg Land with City Utilities
    Hardinsburg Land with City Utilities

    51 Airport Road, Hardinsburg, KY 40143

    $89,900
    1.88 AC lot

    1.88 acre lot with utilities and concrete pads.

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    Bloomington Commercial Land Opportunity
    Bloomington Commercial Land Opportunity

    S Rockport Road, Bloomington, IN 47403

    $285,000
    6.34 AC lot

    6.34 acres of commercial land zoned for various uses.

    View details
    Corner Lot on Shelbyville Road
    Corner Lot on Shelbyville Road

    5133 Gray Road, Indianapolis, IN 46237

    $1,350,000
    8.21 AC lot

    Large corner lot suitable for various developments with approvals.

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    Former Gymnasium with Historic Charm
    Former Gymnasium with Historic Charm

    133 Old Campus Road, Frenchburg, KY 40322

    $45,000
    1.00 AC lot

    Unique property with classic architecture and high ceilings, full of opportunity.

    View details

    Memphis, IN Schools Market Trends and Statistics

    Explore 1 schools for sale in Memphis, IN on our real estate platform. These investment opportunities span a total of 25,000 square feet of properties for sale, with an estimated market value of $700,000.

    Sale prices for school buildings & campuses in Memphis, IN start at $700,000, averaging $700,000, and reaching up to $700,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Schools 1

    Demographics Overview

    Population 3,775
    Population Growth (5Y) +25.3%
    Median Household Income $133,147
    College Educated 35.4%

    High-Yield Neighborhoods for Investment

    Identify Memphis submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    Henryville - 47126 $700K

    Taxes & Financing

    Tax Rate (average for all types) 1.57%
    Property Tax per SF $46.25 per SF
    Tax Rate vs County Average 0.49 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Clark County

    New Delisted

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