This exceptional commercial property, located at 19066 S Main Street Unit 27 in Metamora, Indiana, presents a unique investment opportunity. Situated on a conveniently sized 0.08-acre lot, this general commercial building offers significant potential for a variety of business ventures. The property's address places it in a high-traffic area, ensuring excellent visibility and accessibility for customers. While the precise square footage is currently unavailable, the property's size and location make it an attractive prospect for entrepreneurs and investors alike. The asking price of $139,000 represents a competitive entry point into the Metamora commercial real estate market. This property is ideal for businesses seeking a well-positioned space with strong growth potential. Its strategic location within Metamora offers easy access to local amenities and a thriving community. The 0.08-acre lot provides ample space for potential expansion or outdoor activities related to the business. Serious inquiries are encouraged to explore the possibilities this property offers. Further details regarding the interior layout and specific features will be provided upon request. Don't miss this chance to secure a prime commercial space in a desirable Indiana town. Act quickly, as opportunities like this are rare.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
CAP approach
CAP return
Valuation
6%
$810,926
6.5%
$748,547
7%
$695,080
Comparable approach
Method
Valuation
Relative Method
$1,214,280
Geo Method
$1,214,280
Alternative Use
Use
Valuation
Residential
$631,428
Hospitality
$578,384
Educational
$481,209
Medical
$497,758
Retail
$748,547
Location Insight
City
Metamora
County
Franklin
State
Indiana
Latitude
39.4466
Longitude
-85.136
CBSA code
17140
CBSA name
CINCINNATI-MIDDLETOWN, OH-KY-IN METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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