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Key Facts

Type Single Family Residence
Levels Residential
Size 880 sqft
Garage Yes
Taxes 
Days Active 172
Lot Size 
Approx. Age 1908
Avg. Price Per Sqft $1,818
MLS® Number 22017049

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

Rare 5.46 Acre Development Opportunity- Prime Commercial Location near Walmart. This exceptional 5.46 acre property is on the market for the first time in over 44 years! This also includes property 2240 N State Hwy 3 North Vernon, IN 47265. Ideally located between Walmart and other major supercenters, this high traffic area offers potential for commercial development. Currently zoned residential (Easily Convertible to Commercial). With its prime location and heavy vehicle and foot traffic, the property is a perfect opportunity for investors or businesses. With direct access from State Highway 3, It is located less than 1 mile from the multi-million-dollar Highway 50 bypass completed in 2017, which provides connectivity to surrounding regions. Community Growth: * Economic Expansion: North Vernon has recently secured $30 million in READI funding, earmarked for projects that enhance quality of life and attract new businesses. Residential Development: * North Vernon broke ground on Heritage Estates, a $35+ million housing project adding over 111 units within 2.5 miles of property. Development Potential: * Versatile Use, Ideal for grocery chains, retail outlets, or large scale commercial enterprises. * Infrastructure Ready, Proximity to essential utilities and direct access from State Highway 3 facilitate swift development. Recent growth in North Vernon, including new housing developments and revitalized downtown investments, makes this a can't miss opportunity!Show Description
MLS® Number22017049
Laundry Level
Central VacNo
FireplaceNo
Acreage5.46
Exterior
GarageYes
Approx. Age1908
Basement
Driveway
Garage Spaces
HeatForced Air
A/CCentral Electric
Heating Fuel

Extras

Rooms

Show Details
Other:Main12 × 12 ft
Living Room:Main14 × 14 ft
Bedroom 2:Main12 × 12 ft

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