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    Allentown Rd Sellersburg, IN 47172

    Sponsored
    For Sale
    $2,460,000

    Prime Clark County farmland, development potential.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional 123.07-acre property, situated on Allentown Road in Sellersburg, Indiana, presents a remarkable opportunity for developers and investors. The land is currently used for farming, offering immediate income potential while possessing significant long-term development prospects within Clark County. Its rectangular shape, measuring approximately 60 feet by 1140 feet, provides efficient layout possibilities. The property boasts dual access points, one from Allentown Road and another from Weidener Lane, enhancing accessibility and utility. Existing structures on the site include a home, barn, and silo

    Property Features for Allentown Rd

    General Information

    Property type
    Agricultural properties
    Lot Size
    5,360,929 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Farms

    Map

    City
    Sellersburg
    County
    Clark
    State
    Indiana
    Longitude
    -85.76588
    Latitude
    38.40479

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    FAQs

    What type of property is this?
    Agricultural property - Prime Clark County farmland, development potential.
    Where is this agricultural property located?
    The property is located at Allentown Rd Sellersburg, IN.
    What is the asking price?
    The asking price for this property is $2,460,000.
    (812) 948-2888
    Request Owner's contact information
    Allentown Rd 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
    Allentown Rd Sellersburg, IN 47172
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