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    8614 Old State Road 60 Sellersburg, IN 47172

    Sponsored
    For Sale
    $500,000

    Two structures, lake, utilities included. Prime Sellersburg location.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This exceptional commercial opportunity presents a unique investment in the thriving Sellersburg, Indiana market. Situated on a sizable 4-acre lot, this property boasts two existing structures: a residential home and a modular building. The strategic location directly behind the Jayc's grocery store offers high visibility and convenient access for potential businesses. Both structures are connected to essential utilities, including sewer, electricity, and gas, providing immediate operational readiness. A significant advantage is the presence of a large lake on the property, adding aesthetic appeal and potential recreational value. The square footage of the buildings is approximate

    Property Features for 8614 Old State Road 60

    General Information

    Property type
    Other commercial real estate
    Lot Size
    174,240 SF

    Building Details

    Year Built
    1949
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Sellersburg
    County
    Clark
    State
    Indiana
    Longitude
    -85.76906
    Latitude
    38.38626

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    FAQs

    What type of property is this?
    Commercial real estate - Two structures, lake, utilities included. Prime Sellersburg location.
    Where is this commercial real estate located?
    The property is located at 8614 Old State Road 60 Sellersburg, IN.
    What is the asking price?
    The asking price for this property is $500,000.
    (812) 948-2888
    Request Owner's contact information
    8614 Old State Road 60 Sellersburg, IN 47172
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    Sellersburg, IN 47172
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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
    8614 Old State Road 60 Sellersburg, IN 47172
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