2330 N State Highway 3

Description

Rare 6.019 Acre Development Opportunity in one of North Vernon's most strategic commercial corridors. Offered for the first time in over 44 years, this property includes 2240 N State Hwy 3 and sits directly between Walmart and other established national retailers, placing it in a proven high-traffic location with excellent visibility and strong daily vehicle count. Currently zoned residential with strong potential for commercial conversion, this site offers flexibility for investors, developers, and businesses looking to capitalize on continued growth in the area. Direct access from State Highway 3 and less than one mile from the Highway 50 bypass (completed in 2017) provides outstanding regional connectivity and ease of access for customers, employees, and suppliers. North Vernon continues to show forward momentum. The city has secured $30 million in READI funding focused on economic expansion and quality-of-life improvements designed to attract new employers and commercial investment. In addition, the $10+/- million Heritage Estates development is underway within approximately 2.5 miles, adding over 111 residential units and increasing nearby consumer density. Surrounded by big-box anchors, expanding housing developments, and ongoing downtown revitalization, this location is well-positioned for grocery, retail, restaurant, medical, or large-scale commercial use. Utilities are nearby, and the combination of size, access, and location makes this a rare opportunity in a market where tracts of this scale in prime corridors seldom become available. Opportunities like this are limited in Jennings County.