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    11515 Us-31 Sellersburg, IN 47172

    For Lease
    $24 SF/Yr

    Versatile office suites, prime location.

    Lot size:
    40,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This Sellersburg, Indiana commercial property, located at 11515 US-31, offers 40,000 square feet of office space across a two-story building on a 4.15-acre lot. The property, built in 2000 and classified as Class B, features a mix of coworking, traditional, and creative office spaces, suitable for various business needs. Tenants can choose from multiple suites ranging from 100 to 1,000 square feet

    Property Features for 11515 Us-31

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    40,000 SF
    Class
    B
    Total Rate
    80000

    Building Details

    Year Built
    2000
    Buildings
    1
    Stories
    2

    Unit(s) available at that property

    Space
    RM 206
    Size
    500 SF
    Rate per SF
    $36
    Space
    RM 200
    Size
    1,000 SF
    Rate per SF
    $24

    HighLights

    • Multiple office suites available, ranging from 100 to 1,000 square feet.
    • Excellent Sellersburg, Indiana location at 11515 US‑31.
    • Ample on‑site parking.
    • Streamlined leasing process.
    Property Profile Location Intelligence

    Current Use by Public Records

    Office space

    Map

    City
    Sellersburg
    County
    Clark
    State
    Indiana
    Longitude
    -85.761465461499
    Latitude
    38.438631105593

    Nearby Comparable

    • $1,500,000
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      Finished Retail Space on Highway

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    Nearby Similar for Lease

    • $1,500,000
      6,350 SF

      Finished Retail Space on Highway

      Finished and unfinished retail space on a high-traffic road.
      324-326 N Indiana Ave, Sellersburg, IN 47172
      View Details
    • $18 SF/Yr
      2,250 SF

      Sellersburg Commercial Space

      Prime 2,250 sq ft former pharmacy with drive-thru.
      7600 In-60, Sellersburg, IN 47172
      View Details
    • $7 SF/Yr
      60,000 SF

      Sellersburg Industrial Build-to-Suit

      60,000 SF Manufacturing/Flex Space
      4600 Progress Way, Sellersburg, IN 47172
      View Details

    FAQs

    What type of property is this?
    Office space - Versatile office suites, prime location.
    Where is this office space located?
    The property is located at 11515 Us-31 Sellersburg, IN.
    What is the lease rate?
    The lease rate is $24-$36 SF/Yr.
    What are key features of this property?
    This property features: Multiple office suites available, ranging from 100 to 1,000 square feet.; Excellent Sellersburg, Indiana location at 11515 US-31.; Ample on-site parking.
    Request Owner's contact information
    11515 Us-31 Sellersburg, IN 47172
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    Sellersburg, IN 47172
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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
    11515 Us-31 Sellersburg, IN 47172
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