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Property profile

62 Plot C Of 11452 Hwy Charlestown, IN 47111

OFF-MARKET
Investment properties
1 ac lot
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Property summary

AI-generated overview

This exceptional 1-acre commercial lot, Plot C of 11452 Highway 62 in Charlestown, Indiana, presents a unique investment opportunity. Boasting approximately 8568 square feet of existing space previously configured as a kitchen and dining area, this property is ideally suited for a variety of commercial ventures. The flat terrain offers ample existing parking with room for expansion. Its prime location on Highway 62 ensures high visibility and accessibility. The property is zoned B-1 Commercial, permitting retail, restaurants, and offices. All essential utilities are readily available, including natural gas, electricity, city water, and sewage. This property is available for purchase or a net lease arrangement, and a significant incentive is offered: free rent during the renovation period. This is a remarkable chance to establish a thriving business in a high-traffic area. The seller encourages verification of all taxes, measurements, acreage, and road frontage by the buyer. Additional adjacent plots (A, B, E, and F) are also available for purchase. Don't miss this opportunity to secure a prominent location on Highway 62.

Property profile

Verified
Property type Investment properties
Lot 1 ac (43,560 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

62 Plot C Of 11452 Hwy Charlestown, IN 47111
Charlestown metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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