2330 N State Highway 3, North Vernon, IN 47265
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2330 N State Highway 3,North Vernon, IN 47265
$1,600,000
- 2 Beds
- 1 Baths
- 880 sq. ft.
- Single family
- Active
Listed by:daniel smith
Office:f.c. tucker real estate experts
MLS#:22017049
Source:IN_MIBOR
Price summary
- Price:$1,600,000
- Price per sq. ft.:$1,818.18
About this home
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!
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Home facts
- Year built:1908
- Listing Id #:22017049
- Added:218 day(s) ago
- Updated:July 07, 2025 at 10:41 PM
Rooms and interior
- Bedrooms:2
- Total bathrooms:1
- Full bathrooms:1
- Living area:880 sq. ft.
Heating and cooling
- Cooling:Central Electric
- Heating:Forced Air
Structure and exterior
- Year built:1908
- Building area:880 sq. ft.
- Lot area:5.46 Acres
Schools
- High school:Jennings County High School
- Middle school:Jennings County Middle School
Utilities
- Water:Public Water
Finances and disclosures
- Price:$1,600,000
- Price per sq. ft.:$1,818.18
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