9767 Highway 150Greenville, IN 47124

Property Details for 9767 Highway 150

Year built

1929

Construction

WOOD

Lot size

0.24 AC

Property size (Sq ft)

3,981 SF

Property type

Retail space

APN

22-03-00-500-320.000-005

APU

220300500320000005

Description

This exceptional commercial opportunity encompasses three parcels totaling 0.24 acres, strategically located in the heart of Greenville, Indiana, at 9767 Hwy 150. The property features a building ideal for a new business venture, offering substantial storage space on the upper level. The building is being sold in its current "as is" condition, however, prospective buyers are welcome to conduct thorough inspections to assess its suitability for their needs. The motivated seller is open to all reasonable offers, making this a compelling investment prospect. Given its central Greenville location and the inclusion of three parcels, this property presents a rare chance to establish a thriving business in a desirable area. The ample storage space within the building adds significant value, catering to a variety of potential uses. The "as is" sale condition allows for flexibility in renovation or redevelopment plans. Don't miss this opportunity to acquire a valuable commercial property in a prime Greenville location. Serious inquiries are encouraged to explore this promising investment. Act quickly, as this property is expected to attract considerable interest.

• CAP approach

  CAP return

  Valuation

  6%

  $779,414

  6.5%

  $719,460

  7%

  $668,070

• Comparable approach

  Method

  Valuation

  Relative Method

  $863,565

  Geo Method

  $863,565

• Alternative Use

  Use

  Valuation

  Residential

  $606,891

  Hospitality

  $555,909

  Educational

  $462,510

  Medical

  $478,416

  Retail

  $719,460

Location Insight

City

Greenville

County

Floyd

State

Indiana

Latitude

38.3739

Longitude

-85.9908

CBSA code

31140

CBSA name

LOUISVILLE-JEFFERSON COUNTY, KY-IN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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