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419 N State St
North Vernon, IN 47265
Land For Sale
·
1.31 AC


Investment Highlights
- Prime real estate for development with lots of commercial and residential options
- High traffic area
- More than 400 feet of road frontage along State Highway 7 and two access streets
- City utilities; water, gas, sewer, electric
Executive Summary
DEVELOPMENT OPPORTUNITY on State Highway 7/State St in North Vernon. This approx. 1.3 acres of land is located in the heart of the city. It has more than 400 feet of road frontage along State Highway 7 and two access streets boarders the property on each side along with an alley in the back. The property has all utilities including water, sewer, natural gas and electric. This is prime real estate for development with lots of commercial and residential options. The property could be anything from townhomes to retail. There is a lot of growth and development happening along this stretch of road in North Vernon including WAWA, Duncan Donuts, Dominos and Subway. This is a rare find and opportunity.
Property Facts
1 Lot Available
Lot
| Price | $1,062,928 CAD | Lot Size | 1.31 AC |
| Price Per AC | $811,395.68 CAD |
| Price | $1,062,928 CAD |
| Price Per AC | $811,395.68 CAD |
| Lot Size | 1.31 AC |
-8 city lots -Each lot is approximately 50x150 -The 2 lots with homes are rented month to month -The cell tower does not produce income - 2 street cuts -Utilities on site: water, gas, sewer, electric
Property Taxes
| Parcel Numbers | Improvements Assessment | $230,892 CAD | |
| Land Assessment | $170,154 CAD | Total Assessment | $401,046 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$170,154 CAD
Improvements Assessment
$230,892 CAD
Total Assessment
$401,046 CAD
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