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    Lot #4 #5 #6 Copperfield Dr Georgetown, IN 47122

    For Sale
    $590,000

    High-traffic, 3-acre commercial lots

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    315
    This exceptional investment opportunity encompasses three contiguous lots (3.19 acres total) ideally situated within the thriving Copperfield Commons Commercial Complex in Georgetown, Indiana. Boasting excellent visibility from State Road 64, this property benefits from a high daily traffic count exceeding 16,000 vehicles. Its prime location is further enhanced by its adjacency to a new 176-lot residential subdivision, capitalizing on the rapid growth experienced in Floyd County. The combined acreage presents significant potential for various commercial developments, leveraging the substantial traffic flow and proximity to a burgeoning residential community. This is a rare chance to acquire a substantial land parcel in a high-demand area, poised for immediate development or future appreciation. The lots are individually listed under MLS numbers 2019010893, 2019010892, and 2019010888. The asking price for the combined 3.1906-acre tract is $590,000. This presents a compelling investment opportunity for those seeking exposure to a dynamic and expanding market. The property's strategic location and high visibility make it an attractive proposition for a wide range of commercial ventures.

    Property Features for Lot #4 #5 #6 Copperfield Dr

    General Information

    Property type
    Other commercial real estate
    Lot Size
    138,956 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Georgetown
    County
    Floyd
    State
    Indiana
    Longitude
    -85.94789
    Latitude
    38.29421

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    FAQs

    What type of property is this?
    Commercial real estate - High-traffic, 3-acre commercial lots
    Where is this commercial real estate located?
    The property is located at Lot #4 #5 #6 Copperfield Dr Georgetown, IN.
    What is the asking price?
    The asking price for this property is $590,000.
    (812) 944-9800
    Request Owner's contact information
    Lot #4 #5 #6 Copperfield Dr Georgetown, IN 47122
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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
    Lot #4 #5 #6 Copperfield Dr Georgetown, IN 47122
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