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    5102 Old Vincennes Rd Floyds Knobs, IN 47119

    For Sale
    Contact for pricing

    18 Acres, I-64 Access, Mixed-Use Potential

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 18.17-acre commercial property in Floyds Knobs, Indiana, presents a remarkable investment opportunity. Ideally situated less than a mile from the I-64 interchange and near the intersection of Highway 150 and Old Vincennes Road, this general commercial zoned land offers unparalleled accessibility and visibility. Its prime location boasts proximity to a thriving retail corridor, including established businesses such as Jay C Food Store, Walgreens, Chase Bank, WesBanco, Dairy Queen, and McDonald's, along with numerous other retailers, restaurants, and medical offices. The property's size and zoning make it perfectly suited for a mixed-use development incorporating office, restaurant, and retail spaces, catering to a diverse range of businesses and consumers. Furthermore, the presence of Floyd Central High School and Highland Hills Middle School nearby ensures a substantial and consistent population base. This strategic location, combined with the significant acreage, presents a unique chance to develop a highly successful and impactful commercial project. The property address is 5102 Old Vincennes Rd, Floyds Knobs, IN 47119. This is a rare opportunity to acquire a substantial parcel of land in a rapidly growing area with excellent infrastructure and high consumer traffic.

    Property Features for 5102 Old Vincennes Rd

    General Information

    Property type
    Land
    Lot Size
    791,485 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Floyds Knobs
    County
    Floyd
    State
    Indiana
    Longitude
    -85.9031804
    Latitude
    38.3171547

    Nearby Comparable

    • Contact for pricing

      Commercial Land Near I-64

      18.17 acres of commercial land near I-64 interchange.
      5102 Old Vincennes Rd, Floyds Knobs, IN 47119
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    • $1,500,000

      2.1 Acre Development Site

      Development site near Highway 150 and I-64 interchange.
      4630-46404650 Williamsburg Sta, Floyds Knobs, IN 47119
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      Floyds Knobs Land Opportunity

      22.29 acres in fast-growing Floyds Knobs, Indiana.
      4699 Old Vincennes Rd, Floyds Knobs, IN 47119
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    • $1,500,000
      2.11 Acres

      Prime Floyd County Commercial Land

      2.11 Acres, General Commercial Zoning
      4630 Williamsburg Sta Rd, Floyds Knobs, IN 47119
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    • $1,500,000

      Floyds Knobs Land Opportunity

      3.865 acre commercial land near Highway 150 and I-64.
      4762 Duffy Rd, Floyds Knobs, IN 47119
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    • $1,500,000
      3.87 Acres

      Prime Floyd County Commercial Land

      3.865 Acres, High Growth Area
      4762 Duffy Rd, Floyds Knobs, IN 47119
      View Details

    FAQs

    What type of property is this?
    Land - 18 Acres, I-64 Access, Mixed-Use Potential
    Where is this land located?
    The property is located at 5102 Old Vincennes Rd Floyds Knobs, IN.
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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
    5102 Old Vincennes Rd Floyds Knobs, IN 47119
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