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    62 Plot F Of 11452 Hwy Charlestown, IN 47111

    For Sale
    $1,646,400

    Seven Acres, Prime Commercial Land

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    315
    This exceptional 7-acre commercial property, Plot F of 11452 Highway 62 in Charlestown, Indiana, presents a unique development opportunity. The land is flat and cleared, boasting significant road frontage on both Charlestown Landing Road and Patrol Road, ensuring excellent visibility and accessibility. Two existing buildings are situated on the property, offering potential for immediate use or redevelopment. The site is serviced by city water and sewage, as well as natural gas and electric utilities, providing all the necessary infrastructure for a variety of commercial ventures. Zoned B-1 Commercial, the property is ideally suited for a wide range of uses, including retail establishments, restaurants, office spaces, apartments, hotels, and multifamily developments. This prime location offers unparalleled potential for significant return on investment. All dimensions, acreage, and road frontage should be independently verified by the buyer. Additional adjacent plots (A, B, C, and E) are also available for purchase. This is a rare chance to acquire a substantial parcel of commercial land in a thriving area. Don't miss this opportunity to secure your future in Charlestown.

    Property Features for 62 Plot F Of 11452 Hwy

    General Information

    Property type
    Investment properties
    Lot Size
    304,920 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 - Seven Acres, Prime Commercial Land
    Where is this investment property located?
    The property is located at 62 Plot F Of 11452 Hwy Charlestown, IN.
    What is the asking price?
    The asking price for this property is $1,646,400.
    (502) 645-3293
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    62 Plot F 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 F Of 11452 Hwy Charlestown, IN 47111
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