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Gas Station Site with Canopies
For Sale
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1502 Payne Koehler Road, Sellersburg, IN 47172

Former propane gas and diesel station site with existing canopies, buildings, and optional adjacent acreage.

Property SizeContact for details
Lot Size6.00 Acres
Days on Market122

Property Features for 1502 Payne Koehler Road

General Information

Standard status Active
Lot size 6.00 Acres
Property subtype Land

Additional Details

Highway Access Yes
Listing Agency: Baker commercial real estate
Listed By: Jim Baker, SIOR, CCIM · License #IN RB14028328
Source: Crexi
Added: Apr 10 Changed: Aug 8 Last Checked: Jul 23 at 1:49PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Baker commercial real estate

Investment Insights

Based on property information with market context.

This property was formerly leased and occupied by a propane gas and diesel station user. The site includes existing infrastructure, canopies, and buildings (see broker for additional details).

An additional 3 m/l adjacent acres are also available (see broker) for a potential total of 6 +/- acres. The property has easy access to I-65 at exit 7 from the SW part of that intersection and is located at a signalized corner across from KFC and Cricket’s restaurants on the NW side of the interchange.

Clark Regional Airport, which now has a 7,000' runway, is located just east of exit 7 at Highway 31 and Bean Road. Please see the broker for further information regarding the site’s existing improvements.

Key Highlights

  • Former propane gas and diesel station site with existing canopies and buildings
  • Easy access to I‑65 at Exit 7 from the SW part of the intersection
  • Signalized corner location across from KFC and Cricket’s restaurants at the I‑65 interchange

Property Analytics

Current Use

Gas stations

Suggested Use

Top Pick Restaurant Building Supply Spa & Massage Center HVAC Service Storage Facility Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

106
Businesses Nearby

Demographics for 47172, IN

19,821
Population
8,537
Households
2.3
Avg Household Size
39
Median Age
37%
College-Educated
93%
High-School Grad
24.3 sq mi
ZIP Area
816
Density / Sq Mi
$80,525
Median Household Income
$48,560
Median Earnings
$1,152
Median Rent
$249,200
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Gas station - Former propane gas and diesel station site with existing canopies, buildings, and optional adjacent acreage.
Where is this gas station located?
The property is located at 1502 Payne Koehler Road Sellersburg, IN.
What are key features of this property?
This property features: Former propane gas and diesel station site with existing canopies and buildings; Easy access to I‑65 at Exit 7 from the SW part of the intersection; Signalized corner location across from KFC and Cricket’s restaurants at the I‑65 interchange
More about this property
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