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    5201 In-62 Jeffersonville, IN 47130

    Sponsored
    For Sale
    $3,000,000

    3-Acre Development Site, High Traffic

    Property size:
    11,380 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 3-acre commercial property is strategically located at the northeast corner of Highway 62 and Utica-Sellersburg Road in Jeffersonville, Indiana. Priced at $3,000,000 ($1,000,000 per acre), this prime development site boasts a high-traffic location on a busy four-lane highway with over 30,000 daily vehicles. The property benefits from a signalized interchange and is highly visible from I-265, offering excellent exposure to a large potential customer base. Its proximity to the River Ridge Commerce Center further enhances its desirability. The site includes two existing attached buildings totaling approximately 11,380 square feet, constructed in 1985. The larger building features a ceiling height of 19 feet 6 inches, while the smaller building offers approximately 17 feet of rafter height. The property is zoned C2, providing flexibility for a variety of commercial uses. Parcel numbers are 10-42-03-600-099.000-039

    Property Features for 5201 In-62

    General Information

    Property type
    Retail properties
    Square Feet
    11,380 SF
    Lot Size
    130,680 SF

    Building Details

    Year Built
    1985
    Buildings
    2

    HighLights

    • Retail and Retail‑Pad property subtypes.
    • 3‑acre land parcel.
    • Asking price: $3,000,000.
    • $1,000,000 per acre.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Jeffersonville
    County
    Clark
    State
    Indiana
    Longitude
    -85.7043096
    Latitude
    38.3534561

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    FAQs

    What type of property is this?
    Retail property - 3-Acre Development Site, High Traffic
    Where is this retail property located?
    The property is located at 5201 In-62 Jeffersonville, IN.
    What is the asking price?
    The asking price for this property is $3,000,000.
    What are key features of this property?
    This property features: Retail and Retail-Pad property subtypes.; 3-acre land parcel.; Asking price: $3,000,000.
    Request Owner's contact information
    5201 In-62 Jeffersonville, IN 47130
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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
    5201 In-62 Jeffersonville, IN 47130
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