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Property profile & analytics
OFF-MARKET
Investment properties

62 Plot C Of 11452 Hwy Charlestown, IN 47111

1 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 1-acre commercial lot, Plot C of 11452 Highway 62 in Charlestown, Indiana, presents a unique investment opportunity. Boasting approximately 8568 square feet of existing space previously configured as a kitchen and dining area, this property is ideally suited for a variety of commercial ventures. The flat terrain offers ample existing parking with room for expansion. Its prime location on Highway 62 ensures high visibility and accessibility. The property is zoned B-1 Commercial, permitting retail, restaurants, and offices. All essential utilities are readily available, including natural gas, electricity, city water, and sewage. This property is available for purchase or a net lease arrangement, and a significant incentive is offered: free rent during the renovation period. This is a remarkable chance to establish a thriving business in a high-traffic area. The seller encourages verification of all taxes, measurements, acreage, and road frontage by the buyer. Additional adjacent plots (A, B, E, and F) are also available for purchase. Don't miss this opportunity to secure a prominent location on Highway 62.

Property profile
Verified
Property type Investment properties
Lot 1 ac (43,560 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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