Walmart Out Lot Corydon

Retail-Commercial for Sale
Catylist Listing ID: 30868970
Property Subtypes: Free-Standing Building, Mixed Use, Restaurant, Retail-Pad, Street Retail
Building Size (RSF): 9,500 SF
Gross Building Area: See Agent
Sale Price: $2,100,000
Unit Price: $221.05 PSF
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/16/2024

Overview / Comments

Located less than 1/2 mile from I-64 on Indiana Hwy 135 this 2+ acre commercial site is well located as an out lot to a bustling Walmart Super Center in Corydon Indiana, a county seat city located 30 minutes west of Louisville KY. The property is in the heart of a strong retail trade area with exposure to high traffic counts of 24,000+ ADT.

This 2 acre commercially zoned out lot is located adjacent to a Walmart Supercenter in Corydon IN with cross access and parking easements. The site has excellent visibility to more than 24,000+ cars on Hwy 135 and easy access from the hard corner at 135 and Federal Drive. The property is improved with a 9,500 sf former restaurant building that was completely and beautifully renovated in 2017 and is currently used as medical offices. The property features ample parking with 150+ stalls.

Additional Details

Nearest MSA: Louisville/Jefferson County
County: Harrison
Tax ID/APN: 31-09-24-452-002.000-007|1
Zoning: B-2
Retail Clientele: Business, Traveler
Property Visibility: Excellent
Largest Nearby Street: Hwy 135
Feet of Frontage: 235
Traffic/Vehicle Count: 24,000
Site Description: Two acre commercial out lot on a Walmart Super Center. Zoned Commercial and improved with a former Ryan's Steakhouse that was renovated in 2017. Currently used as medical office. Great visibility to high traffic.
Area Description: Booming trade area in county seat location, close to Harrison Norton Hospital. Surrounded by dense retail.
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 9,500 SF
Property Condition: Excellent
Year Renovated: 2017
Roof Type: Gable
Total Parking Spaces: 150
Parking Type: Surface
Zoning Description: B-2
Lot Frontage: 235
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,328 7,869 13,068
Median Age: 43.95 39.16 39.41
Households: 660 3,179 5,102
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