2130 National AveBrazil, IN 47834

  • Commercial land
  • 2.53 AC
For Sale
$1,900,000 View listing

Property Details for 2130 National Ave

Lot size
2.53 AC
Property type
Commercial land
APN
11-01-32-200-188.000-002
APU
110132200188000002

Description

This exceptional commercial property in Brazil, Indiana offers a unique investment opportunity encompassing two parcels totaling 5.58 acres. The main asset is a 13,460 square foot freestanding building situated on 3.05 acres adjacent to a Walmart. Previously an Aldi's grocery store, the building retains its refrigeration units and currently houses a successful Mexican restaurant in its front section. The brick building features a receiving dock and a fully paved, lighted parking lot with convenient access from US Highway 40, ensuring high visibility and accessibility. The versatile interior space allows for customization to suit a variety of business needs. Complementing this prime retail space is an adjacent 2.53-acre vacant commercial lot, offering significant expansion potential or the opportunity to develop additional commercial ventures. The combined properties present a rare chance to acquire a substantial footprint in a high-traffic location, ideal for a range of commercial uses. The location's proximity to Walmart guarantees significant foot traffic and visibility, making this an attractive investment for both established businesses and new ventures.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $16,791,842
    Hospitality
    $15,381,236
    Educational
    $12,797,008
    Medical
    $13,237,117
    Retail
    $19,906,456

Location Insight

City
Brazil
County
Clay
State
Indiana
Latitude
39.5315
Longitude
-87.1021
CBSA code
45460
CBSA name
TERRE HAUTE, 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
$429
$14,300
-
$14,300
-
$14,300
-
$14,300

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