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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

8890 Old Hwy Sellersburg, IN 47172

5,920 SF 6.56 ac lot Built 1990
Property ID
Property summary
AI-generated overview

This exceptional redevelopment opportunity encompasses 6.56 acres of commercial land located at 8890 Old State Road 60 in Sellersburg, Indiana, zip code 47172. The property, situated within the heart of the Sellersburg Comprehensive Plan, offers significant potential for investors and owner-users. The asking price is $1,200,000. The site boasts two existing buildings totaling 5,920 square feet, constructed in 1990. Its prime location offers easy access to key infrastructure and amenities. The property's proximity to the proposed town center concept and the recently constructed Sellersburg police station, along with new road intersections, ensures high visibility and accessibility. This strategic location presents a unique chance to capitalize on the area's growth and development. Note that the square footage is approximate

Property profile
Verified
Property type Retail properties & Spaces
Year built 1990
Total area 5,920 SF
Lot 6.56 ac (285,754 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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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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