2330 N State Highway 3 new Save Request In-Person Tour Request Virtual Tour
North Vernon,IN 47265
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 880 sqft
Price per Sqft $1,818
Subdivision North Vernon
MLS Listing ID 22017049
Bedrooms 2
Full Baths 1
HOA Y/N No
Year Built 1908
Tax Year 2023
Lot Size 5.460 Acres
Acres 5.46
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!
Location
State IN
County Jennings
Rooms
Main Level Bedrooms 2
Interior
Interior Features Wood Work Painted
Heating Forced Air
Cooling Central Electric
Fireplace Y
Appliance None
Exterior
Garage Spaces 1.0
Utilities Available Electricity Connected,Gas Nearby,Sewer Connected,Water Connected
Building
Story One
Foundation Block
Water Municipal/City
Architectural Style TraditonalAmerican
Structure Type Wood
New Construction false
Schools
Middle Schools Jennings County Middle School
High Schools Jennings County High School
School District Jennings County School Corporation