0 Highway 60, Sellersburg, IN 47172
This exceptional 0.65-acre commercial land parcel presents a remarkable investment opportunity in Sellersburg, Indiana. Strategically located at the southwest corner of Highway 60 and Highway 311, this property boasts excellent visibility and accessibility, situated approximately one mile from I-65 Exit 7. The B2 zoning allows for a variety of uses, including restaurants, banks, multi-tenant retail centers, and office buildings. Conceptual plans allow for the construction of a building exceeding 3,800 square feet with a drive-thru, or up to 6,300 square feet without a drive-thru. The property's prime location is further enhanced by its proximity to a thriving retail center, Hometown Plaza, and prominent businesses such as Walgreens and PNC Bank. The level topography simplifies development, and the asking price has recently been reduced to $525,000, representing a unit price of $846,153 per acre. The property's tax ID/APN is 10-09-08-800-383.000-030. This is a cash sale. The property is located in Clark County, Indiana, within the Louisville/Jefferson County MSA. This high-traffic location offers unparalleled potential for significant return on investment.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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Risks
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