$1,600,000

2330 N State Highway 3, North Vernon, IN 47265

  • 2 beds |
  • 1 bath |
  • 880 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1908
  • Property Lot Size Icon5.46acre lot
  • Property Parking Icon 1 car garage
  • Property Price Per Square Feet Icon $1,818/sqft
  • Property List Date Icon Listed 1 year ago

Property Description

Rare 6.019 Acre Development Opportunity in one of North Vernon's most strategic commercial corridors. Offered for the first time in over 44 years, this property includes 2240 N State Hwy 3 and sits directly between Walmart and other established national retailers, placing it in a proven high-traffic location with excellent visibility and strong daily vehicle count. Currently zoned residential with strong potential for commercial conversion, this site offers flexibility for investors, developers, and businesses looking to capitalize on continued growth in the area. Direct access from State Highway 3 and less than one mile from the Highway 50 bypass (completed in 2017) provides outstanding regional connectivity and ease of access for customers, employees, and suppliers. North Vernon continues to show forward momentum. The city has secured $30 million in READI funding focused on economic expansion and quality-of-life improvements designed to attract new employers and commercial investment. In addition, the $10+/- million Heritage Estates development is underway within approximately 2.5 miles, adding over 111 residential units and increasing nearby consumer density. Surrounded by big-box anchors, expanding housing developments, and ongoing downtown revitalization, this location is well-positioned for grocery, retail, restaurant, medical, or large-scale commercial use. Utilities are nearby, and the combination of size, access, and location makes this a rare opportunity in a market where tracts of this scale in prime corridors seldom become available. Opportunities like this are limited in Jennings County.

Listing Status:
Active
Data Last Updated:
April 4, 2026 at 11:18PM
Listing Office:
F.C. Tucker Real Estate Experts : 812-592-5441
Listing Agent:
Daniel Smith : 812-592-5441
MLS ID:
22017049
  • General: Wood Work Painted
  • Appliances: None
  • A/C: Central Air
  • Heating: Forced Air
  • Fireplace: Fireplaces: 0
  • Style: Traditional
  • Parking: Detached
  • General: OneBlock
  • Originating MLS: mibor
  • School District: Jennings County School Corporation
  • County: Jennings
  • Zoning: Pt N 1/2 Seq 28 7 8 2.976PT SW 1/4 SEQ 28-7-8 1.497AC PT SW 1/4 SEQ 28-7-8 1AC400928400079000004
  • Utilities: Electricity ConnectedNatural Gas AvailableSewer ConnectedWater Connected
  • Water: Public
  • Source: mibor

This listing courtesy of Daniel Smith , F.C. Tucker Real Estate Experts

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

N

North Vernon Elementary School

810 W Walnut St, North Vernon, IN, 47265

Grades PK-6

1.74 miles away

J

Jennings County Middle School

820 W Walnut St, North Vernon, IN, 47265

Grades 7-8

1.74 miles away

J

Jennings County High School

800 W Walnut St, North Vernon, IN, 47265

Grades 9-12

1.37 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.