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    5612 Highway 62 Jeffersonville, IN 47130

    For Sale
    $1,500,000

    High-traffic location, prime 4.88 acres.

    Property size:
    2,448 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    309
    This exceptional 4.88-acre commercial property presents a unique investment opportunity in Jeffersonville, Indiana. Situated at 5612 E Highway 62, this strategically located parcel boasts 2,448 square feet of existing building space and offers significant potential for a variety of commercial or retail ventures. The property's prime location adjacent to River Ridge, a rapidly developing area, ensures high visibility and accessibility. Its proximity to I-265 and the new east end bridge connecting to Kentucky provides unparalleled connectivity to a large regional market. The C1 zoning allows for a wide range of commercial uses, making it an ideal site for businesses seeking to capitalize on the explosive growth in Southern Indiana. The substantial land area offers ample space for development, expansion, or redevelopment, allowing for significant flexibility in design and functionality. The asking price of $1,500,000 reflects the exceptional value of this land, considering its size, location, and development potential. This is a rare opportunity to acquire a significant commercial property in one of Southern Indiana's fastest-growing areas. Don't miss this chance to secure a prime location for your business or investment portfolio.

    Property Features for 5612 Highway 62

    General Information

    Property type
    Other commercial real estate
    Square Feet
    2,448 SF
    Lot Size
    212,573 SF

    Building Details

    Year Built
    1926
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Law Firm Spa & Massage Building Supply Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Jeffersonville
    County
    Clark
    State
    Indiana
    Longitude
    -85.70081
    Latitude
    38.35875

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    FAQs

    What type of property is this?
    Commercial real estate - High-traffic location, prime 4.88 acres.
    Where is this commercial real estate located?
    The property is located at 5612 Highway 62 Jeffersonville, IN.
    What is the asking price?
    The asking price for this property is $1,500,000.
    (812) 944-7024
    Request Owner's contact information
    5612 Highway 62 Jeffersonville, IN 47130
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    Jeffersonville, IN 47130
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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
    5612 Highway 62 Jeffersonville, IN 47130
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