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    62 Plot C Of 11452 Hwy, Charlestown, IN 47111

    1 ac lot
    Property ID
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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