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
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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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