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    62 Of 11452 Hwy Charlestown, IN 47111

    For Sale
    $940,800

    Prime 2-Acre Commercial Lot, Hwy 62

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    306
    This exceptional 2-acre commercial lot presents a remarkable development opportunity in Charlestown, Indiana. Strategically located on the corner of Highway 62 and Charlestown Landing Road, this property boasts significant road frontage on both major thoroughfares, ensuring high visibility and accessibility. Plot E is completely flat and cleared, ready for immediate construction. The site is serviced by readily available utilities including natural gas, electricity, city water, and sewage, simplifying the development process. Zoned B-1 Commercial, this land offers versatile usage potential, accommodating a wide range of commercial ventures such as retail spaces, restaurants, offices, apartments, hotels, or multifamily dwellings. The property's prime location and convenient access to major roadways make it an ideal investment for businesses seeking high-traffic exposure. This is a rare opportunity to acquire a sizable, well-situated commercial lot in a thriving area. All interested parties are encouraged to independently verify all taxes, measurements, acreage, and road frontage details. Additional adjacent lots (A, B, C, and F) are also available for purchase. Don't miss this chance to secure a prominent location for your next commercial project.

    Property Features for 62 Of 11452 Hwy

    General Information

    Property type
    Other commercial real estate
    Lot Size
    87,120 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Charlestown
    County
    Clark
    State
    Indiana
    Longitude
    -85.6553
    Latitude
    38.4496

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    FAQs

    What type of property is this?
    Commercial real estate - Prime 2-Acre Commercial Lot, Hwy 62
    Where is this commercial real estate located?
    The property is located at 62 Of 11452 Hwy Charlestown, IN.
    What is the asking price?
    The asking price for this property is $940,800.
    (502) 645-3293
    Request Owner's contact information
    62 Of 11452 Hwy Charlestown, IN 47111
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    Charlestown, IN 47111
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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
    62 Of 11452 Hwy Charlestown, IN 47111
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