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    7121 Highway 311 Sellersburg, IN 47172

    Picture of Commercial land at Highway 311 7121, Sellersburg, IN
    For Sale
    $495,000

    Cross Property - Sellersburg, IN

    Lot size:
    1.35 Acres
    Days on Market:
    249
    Last Refresh:
    Dec 5 at 2:06 am

    Property Features for 7121 Highway 311

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Commercial
    APN
    102608800332001040
    Lot size
    1.35 Acres

    Building Details

    Architectural style
    Other

    Schuler Bauer Real Estate Services (812) 948-2888 [email protected]

    Listing agent David B Bauer (812) 948-2888

    Listing date Apr 1, 2025

    MLS# 202506901 Listing URL

    Copyright © 2025 Southern Indiana REALTORS Association. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Commercial Lot in Growing Area

    This vacant commercial lot, identified as lot #3, is situated at the corner of Highway 311 and Westmont Drive in Sellersburg, Indiana. The property encompasses 1.353 acres and is zoned B-1. It benefits from a highly visible location with a high traffic count, positioned approximately 1/3 mile south of the intersection of State Road 60 and Highway 311. According to the listing, the location is suitable for office, medical, retail, or restaurant use. The property also offers convenient access to I-65. An additional connecting lot, identified as lot #4, is available. That lot encompasses 1.359 acres.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Sellersburg
    County
    Clark
    State
    Indiana
    Longitude
    -85.77472
    Latitude
    38.375668

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    FAQs

    What type of property is this?
    Commercial land - Vacant commercial lot in a fast-growing Sellersburg area.
    Where is this commercial land located?
    The property is located at 7121 Highway 311 Sellersburg, IN.
    What is the asking price?
    The asking price for this property is $495,000.
    What are key features of this property?
    This property features: - Highly visible corner lot location at Hwy 311 & Westmont Drive.; - Zoned B-1, suitable for office, medical, retail, or restaurant.; - Located in a fast-growing area of Sellersburg.
    (812) 948-2888
    Request Owner's contact information
    7121 Highway 311 Sellersburg, IN 47172
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    Sellersburg, IN 47172
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    7121 Highway 311 Sellersburg, IN 47172
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