629 Lake RdScottsburg, IN 47170

  • Commercial land
  • 896 SF
For Sale
$349,900 View listing

Property Details for 629 Lake Rd

Year built
1932
Lot size
6.56 AC
Property size (Sq ft)
896 SF
Property type
Commercial land
APN
72-05-29-320-004.000-008
APU
720529320004000008

Description

This exceptional 6.5-acre (+/-) vacant commercial land parcel presents a remarkable opportunity for businesses seeking high visibility and convenient access in Scottsburg, Indiana. Strategically located on the corner of Gardner Street and West Lake Road (also known as Lover's Lane), this level lot is ready for immediate development. The property boasts significant road frontage on both streets, ensuring excellent exposure to a substantial volume of daily traffic. Its prime location offers unparalleled visibility for any commercial venture. City utilities are already in place, simplifying the construction process and reducing upfront costs. The expansive acreage provides ample space for a variety of commercial uses, from retail establishments and restaurants to office buildings and light industrial facilities. This is a rare opportunity to acquire a well-situated, build-ready commercial lot in a thriving community. The level terrain eliminates costly site preparation, making this an exceptionally attractive investment for developers and entrepreneurs alike. Don't miss this chance to establish your business in a high-traffic area with excellent visibility and convenient access. The property's location and size offer significant potential for long-term growth and profitability.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $126,509
    Hospitality
    $115,882
    Educational
    $96,412
    Medical
    $99,728
    Retail
    $149,975

Location Insight

City
Scottsburg
County
Scott
State
Indiana
Latitude
38.6704
Longitude
-85.7746
CBSA code
42500
CBSA name
SCOTTSBURG, IN MICROPOLITAN 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
$3,018
$100,600
-
$100,600
-
$100,600
-
$100,600

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