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    5801 In-62 Jeffersonville, IN 47130

    For Sale
    $1,225,000

    Prime 1.97-acre C-2 zoned lot. High-traffic location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 1.972-acre commercial land parcel presents a remarkable development opportunity in Jeffersonville, Indiana. Strategically located at 5801 IN-62 in Clark County (zip code 47130), this property boasts a highly desirable C-2 zoning designation, opening doors to a wide range of commercial uses. The site enjoys a prime position off I-265, a signalized intersection leading directly into the expansive River Ridge Commerce Center – a 6,000-acre hub encompassing industrial, logistics, life sciences, office, and distribution spaces. With an estimated 38,000 vehicles passing daily, this location offers unparalleled visibility and accessibility. The property is surrounded by a thriving community, situated within ¾ of a mile of numerous residential areas, retail establishments, restaurants, and hotels. This area is experiencing significant growth, with billions of dollars in announced and ongoing residential and commercial development projects within a 10-mile radius, making this a truly exceptional investment opportunity. The property is available for sale or lease, and build-to-suit options may be considered. This is an ideal location for businesses seeking high visibility and access to a robust and expanding market. The current short-term tenant is open to remaining.

    Property Features for 5801 In-62

    General Information

    Property type
    Land
    Lot Size
    85,900 SF

    HighLights

    • $1,225,000 asking price for 1.972 acres of C‑2 zoned commercial land.
    • Located at 5801 IN‑62, Jeffersonville, IN 47130, a signalized intersection with approximately 38,000 vehicles per day.
    • High‑traffic location near the River Ridge Commerce Center, a large industrial park.
    • Build‑to‑suit options available; property is for sale or lease.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Jeffersonville
    County
    Clark
    State
    Indiana
    Longitude
    -85.700427892982
    Latitude
    38.360643995778

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    FAQs

    What type of property is this?
    Land - Prime 1.97-acre C-2 zoned lot. High-traffic location.
    Where is this land located?
    The property is located at 5801 In-62 Jeffersonville, IN.
    What is the asking price?
    The asking price for this property is $1,225,000.
    What are key features of this property?
    This property features: $1,225,000 asking price for 1.972 acres of C-2 zoned commercial land.; Located at 5801 IN-62, Jeffersonville, IN 47130, a signalized intersection with approximately 38,000 vehicles per day.; High-traffic location near the River Ridge Commerce Center, a large industrial park.
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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
    5801 In-62 Jeffersonville, IN 47130
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