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    7601 In-62 Charlestown, IN 47111

    For Sale
    $800,000

    Prime 2-acre commercial site, B1 zoning, excellent visibility.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional 2-acre commercial land parcel presents a remarkable investment opportunity in Charlestown, Indiana. Boasting B1 zoning, this property offers significant development potential. Strategically located at the southwest corner of Prather Station Road and Highway 62, it enjoys unparalleled visibility and accessibility. The site is directly across from the River Ridge Commerce Center and within sight of Amazon's substantial 1 million square foot facility, ensuring high traffic volume and strong potential for future growth. Its proximity to the intersection of Charlestown Jeffersonville Pike and Highway 62, as well as its location just south of Stacy Road and Highway 62, further enhances its strategic value. The property's APN is 101105200045000033. The asking price is $800,000, representing a land value of $400,000 per acre. This presents a unique chance to capitalize on the thriving commercial landscape of this rapidly developing area. Serious inquiries are encouraged.

    Property Features for 7601 In-62

    General Information

    Property type
    Land
    Lot Size
    87,120 SF

    HighLights

    • $800,000 asking price.
    • 2‑acre commercial land parcel.
    • B1 zoning.
    • $400,000/acre land value.
    • Located at the southwest corner of Prather Station Road and Highway 62 in Charlestown, Indiana (APN: 101105200045000033).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Charlestown
    County
    Clark
    State
    Indiana
    Longitude
    -85.68622
    Latitude
    38.385484

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    FAQs

    What type of property is this?
    Land - Prime 2-acre commercial site, B1 zoning, excellent visibility.
    Where is this land located?
    The property is located at 7601 In-62 Charlestown, IN.
    What is the asking price?
    The asking price for this property is $800,000.
    What are key features of this property?
    This property features: $800,000 asking price.; 2-acre commercial land parcel.; B1 zoning.
    Request Owner's contact information
    7601 In-62 Charlestown, IN 47111
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    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
    7601 In-62 Charlestown, IN 47111
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