1910 Virginia AveConnersville, IN 47331

Property Details for 1910 Virginia Ave

Year built

1930

Construction

WOOD

Lot size

0.28 AC

Property size (Sq ft)

5,316 SF

Property type

Medical offices

Property subtype

Medical centers

APN

21-05-24-530-505.000-003

APU

210524530505000003

Description

This exceptional commercial land parcel, located at 1910 Virginia Avenue in Connersville, Indiana, presents a unique investment opportunity. Situated in Fayette County, this property offers 0 square feet of buildable land, providing a blank canvas for a variety of commercial ventures. The asking price is $250,000. The property's address is precisely 1910 Virginia Avenue, Connersville, IN 47331, with GPS coordinates of 39.6556626 latitude and -85.131671 longitude. Given its location in Connersville, this site benefits from access to local amenities and infrastructure. The absence of existing structures allows for complete design flexibility, catering to diverse commercial needs. This is an ideal opportunity for developers or businesses seeking a strategic location in a growing area. The property is classified as "Special Purpose" and "Commercial, Other," offering considerable potential for creative commercial development. The lot size is currently listed as 0 acres, however, further details on the exact dimensions should be confirmed independently. This property is zoned for commercial use, making it suitable for a wide range of businesses. Serious inquiries are encouraged to explore the possibilities of this promising commercial land.

• CAP approach

  CAP return

  Valuation

  6%

  $754,898

  6.5%

  $696,829

  7%

  $647,056

• Comparable approach

  Method

  Valuation

  Relative Method

  $660,194

  Geo Method

  $660,194

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $1,365,710

  Retail / Commercial

  $701,541

  Mixed-Use / Specialty

  $699,994

  Hospitality / Lodging

  $514,805

  Institutional / Educational

  $728,052

  Residential Income

  $851,821

  Multifamily

  $1,016,340

  Automotive / Energy

  $624,045

  Parking / Income-Based Land

  $214,408

  Restaurant / Food Service

  $366,108

  Healthcare / Senior Housing

  $716,852

Location Insight

City

Connersville

County

Fayette

State

Indiana

Latitude

39.6557

Longitude

-85.1315

CBSA code

18220

CBSA name

CONNERSVILLE, IN MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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