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    3605 Utica Sellersburg Rd Jeffersonville, IN 47130

    Sponsored
    For Sale
    $375,000

    High-traffic corner lot, development potential.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This exceptional 0.635-acre commercial property presents a unique investment opportunity in Jeffersonville, Indiana. Situated on the highly visible corner of New Chapel Road and Utica Sellersburg Road, this lot benefits from significant traffic flow and excellent visibility. Currently improved with a single-family home, the property offers substantial potential for redevelopment. Its prime location near Highway 62 ensures easy access and high exposure for any commercial venture. Recent infrastructure improvements, including the construction of new sidewalks along the New Chapel Road property line, further enhance the site's appeal and accessibility. The property's size and location make it ideal for a variety of commercial uses, from retail establishments to professional offices. This is a rare chance to acquire a strategically positioned parcel in a growing area, offering significant upside for the discerning investor. The existing single-family home provides immediate income potential or can be easily removed to facilitate new construction. Serious inquiries are encouraged to explore the possibilities of this exceptional commercial land offering. The property is priced competitively at $375,000, reflecting its prime location and development potential.

    Property Features for 3605 Utica Sellersburg Rd

    General Information

    Property type
    Investment properties
    Lot Size
    27,443 SF

    Building Details

    Year Built
    1910
    Property Profile Location Intelligence

    Current Use by Public Records

    Investment properties

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Jeffersonville
    County
    Clark
    State
    Indiana
    Longitude
    -85.70028
    Latitude
    38.34877

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    FAQs

    What type of property is this?
    Investment property - High-traffic corner lot, development potential.
    Where is this investment property located?
    The property is located at 3605 Utica Sellersburg Rd Jeffersonville, IN.
    What is the asking price?
    The asking price for this property is $375,000.
    (812) 948-2888
    Request Owner's contact information
    3605 Utica Sellersburg Rd 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
    3605 Utica Sellersburg Rd Jeffersonville, IN 47130
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