5201 In-62, Jeffersonville, IN 47130
This exceptional 3-acre commercial property is strategically located at the northeast corner of Highway 62 and Utica-Sellersburg Road in Jeffersonville, Indiana. Priced at $3,000,000 ($1,000,000 per acre), this prime development site boasts a high-traffic location on a busy four-lane highway with over 30,000 daily vehicles. The property benefits from a signalized interchange and is highly visible from I-265, offering excellent exposure to a large potential customer base. Its proximity to the River Ridge Commerce Center further enhances its desirability. The site includes two existing attached buildings totaling approximately 11,380 square feet, constructed in 1985. The larger building features a ceiling height of 19 feet 6 inches, while the smaller building offers approximately 17 feet of rafter height. The property is zoned C2, providing flexibility for a variety of commercial uses. Parcel numbers are 10-42-03-600-099.000-039
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.