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Commercial Land with Rented Home
For Sale
$385,000

7311 Highway 311, Sellersburg, IN 47172

LAND - Sellersburg, IN

Lot Size1.00 Acre
Days on Market338

Property Features for 7311 Highway 311

General Information

Property type Land
Property subtype Other
Directions Highway 311
Standard status Active
APN 101708800125000031
Lot size 1.00 Acre

Taxes and HOA fees

Tax Year 4049
Tax Description GT 88 1 AC
Tax Annual Amount 2740
Legal Description GT 88 1 AC

Utilities

Water source Public
Listing Agency: Schuler Bauer Real Estate Services ERA Powered (N · ERA Real Estate
Listed By: David B Bauer · License #RB14014626
Added: Aug 28, 2025 Changed: Jul 26 Last Checked: Jul 31 at 7:06PM
MLS# 2025010701

Copyright © 2026 Southern Indiana REALTORS Association. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This parcel includes a single-family residential home with a garage and basement, which is currently rented. The sale is positioned for commercial zoning and commercial potential, with potential business uses such as retail, office, or services most likely.

The property is located within about a quarter mile of the intersection of State Highway 311 and State Highway 60 in Hamburg. It is also proximate to Interstate 65 access at Exit 7 (Hamburg Exit), supporting convenient regional connectivity. Nearby commercial properties mentioned include AutoZone, Tractor Supply Company, and Red Umbrella Roofing.

Overall, the offering combines an income-producing residence with land suited for commercial redevelopment or complementary commercial use, depending on the buyer’s plans for the site.

Key Highlights

  • Prime commercial zoning and potential.
  • Excellent location near State Highway 311 and State Highway 60 intersection.
  • Proximity to Interstate 65 (Exit 7).

Property Analytics

Current Use

Single family properties

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Auto Parts Store Big Box & Wholesale Store HVAC Service

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

Single-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

329
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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Single family property - Commercially oriented land includes a rented single-family home with garage and basement.
Where is this single family property located?
The property is located at 7311 Highway 311 Sellersburg, IN.
What is the asking price?
The asking price for this property is $385,000.
What are key features of this property?
This property features: Prime commercial zoning and potential.; Excellent location near State Highway 311 and State Highway 60 intersection.; Proximity to Interstate 65 (Exit 7).
More about this property
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