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    62 Plot C Of 11452 Hwy Charlestown, IN 47111

    For Sale
    $445,200

    Prime Commercial Land, Highway 62 Frontage

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    314
    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 Features for 62 Plot C Of 11452 Hwy

    General Information

    Property type
    Investment properties
    Lot Size
    43,560 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Investment properties

    Map

    City
    Charlestown
    County
    Clark
    State
    Indiana
    Longitude
    -85.6553
    Latitude
    38.4496

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    FAQs

    What type of property is this?
    Investment property - Prime Commercial Land, Highway 62 Frontage
    Where is this investment property located?
    The property is located at 62 Plot C Of 11452 Hwy Charlestown, IN.
    What is the asking price?
    The asking price for this property is $445,200.
    (502) 645-3293
    Request Owner's contact information
    62 Plot C Of 11452 Hwy 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 Plot C Of 11452 Hwy Charlestown, IN 47111
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