1705 Old Highway 135Corydon, IN 47112

  • Commercial real estate
  • 0.25 AC
For Sale
$99,900 View listing

Property Details for 1705 Old Highway 135

Year built
1988
Lot size
0.25 AC
Property type
Commercial real estate
APN
31-09-25-251-011.000-008
APU
310925251011000008

Description

This exceptional 0.25-acre commercial lot at 1705 Old Highway 135 NW in Corydon, Indiana presents a unique investment opportunity. Currently generating income from an existing ice machine, this property boasts significant potential for a new business venture or expansion. Its strategic location offers unparalleled visibility and accessibility, with road frontage on two sides and all-concrete paving. The property's infrastructure is complete, featuring readily available water, electric, and sewer connections. A substantial steel sign with two billboards is already in place, providing immediate advertising potential. The high-traffic area ensures maximum exposure, and the proximity to I-64 guarantees convenient access for customers and employees. This is an ideal site for entrepreneurs seeking a turnkey solution in a thriving commercial zone. The lot's size and existing infrastructure minimize upfront development costs, allowing for a rapid return on investment. Don't miss this chance to secure a prime piece of Corydon real estate.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $2,022,029
    Hospitality
    $1,852,168
    Educational
    $1,540,982
    Medical
    $1,593,978
    Retail
    $2,397,083

Location Insight

City
Corydon
County
Harrison
State
Indiana
Latitude
38.2254
Longitude
-86.132
CBSA code
31140
CBSA name
LOUISVILLE-JEFFERSON COUNTY, KY-IN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$1,482
$74,900
$8,900
$83,800
-
$74,900
$8,900
$83,800

FAQs

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