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    OFF-MARKET
    Retail properties & Spaces

    5201 In-62, Jeffersonville, IN 47130

    11,380 SF 3 ac lot Built 1985
    Property ID
    Property summary
    AI-generated overview

    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

    Property profile
    Verified
    Property type Retail properties & Spaces
    Year built 1985
    Total area 11,380 SF
    Lot 3 ac (130,680 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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