$1,600,000
5.46± Acres
Active
Jennings County, IN

2330 State Highway 3, North Vernon, Indiana

MLS ID: 22017049
Status: Active
Price: $1,600,000
Acres: 5.46±
Type: Single Family, Residential
Address: 2330 State Highway 3
City, State: North Vernon, IN
County: Jennings County
ZIP Code: 47265
Parcel Number: 400928400079000004
Bedrooms: 2
Bathrooms: 1
SqFt: 880
Year Built: 1908

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!

Directions: GPS Friendly

Additional Information

Interior

Bathrooms Full: 1
Building Area Total: 880
Cooling: Central Electric
Garage (Yes/no): Yes
Garage Spaces: 1
Heating: Forced Air
Interior Features: Wood Work Painted
Living Area Source: Assessor
Rooms Total: 3

Exterior

Architectural Style: Traditonal American
Foundation Details: Block
Lot Size Square Feet: 129,635
Parking Features: Detached
Water Source: Municipal/City

Financial/HOA/Schools

Additional Parcels (Yes/no): Yes
Additional Parcels: PT SW 1/4 SEQ 28-7-8 1.497 AC PT SW 1/4 SEQ 28-7-8 1 AC
Days On Market: 1
Middle School: Jennings County Middle School
High School: Jennings County High School
High School District: Jennings County School Corporation
Subdivision Name: North Vernon
Chad Renbarger

Chad Renbarger

Fortville, Indiana

(317) 418-7712

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Listed By: Daniel Smith of F.c. Tucker Real Estate Experts