$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 11 months ago

Property 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!

Listing Status:
Active
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.