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    60 State Rd Sellersburg, IN 47172

    For Sale
    $620,000

    Prime 1.13-acre lot, build-to-suit opportunity.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    308
    This exceptional 1.133-acre commercial lot in Sellersburg, Indiana, presents a unique investment opportunity. Strategically located with convenient access to I-65 and nearby commercial centers, this high-visibility property ensures maximum exposure for any business. The vacant land allows for a build-to-suit development, providing the flexibility to create a space perfectly tailored to your specific needs and maximizing efficiency. An easement provides access via Old Hwy 60. This prime location offers unparalleled potential for growth, situated in a high-traffic area experiencing continued development. The surrounding area boasts numerous amenities, including schools, parks, and shopping centers, enhancing the convenience and appeal of this location. This is an ideal opportunity for established businesses seeking expansion or entrepreneurs looking to establish a thriving enterprise in a rapidly growing area. The property's size and location make it an exceptional investment with significant long-term potential. Don't miss this chance to secure a prominent position in Sellersburg's commercial landscape. The asking price is $620,000.

    Property Features for 60 State Rd

    General Information

    Property type
    Other commercial real estate
    Lot Size
    49,223 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Sellersburg
    County
    Clark
    State
    Indiana
    Longitude
    -85.74801
    Latitude
    38.36053

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    FAQs

    What type of property is this?
    Commercial real estate - Prime 1.13-acre lot, build-to-suit opportunity.
    Where is this commercial real estate located?
    The property is located at 60 State Rd Sellersburg, IN.
    What is the asking price?
    The asking price for this property is $620,000.
    (812) 728-8181
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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
    60 State Rd Sellersburg, IN 47172
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