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    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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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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