11500 In-62 Charlestown, IN 47111
This exceptional 1.23-acre commercial and industrial land parcel, located at 11500 IN-62 in Charlestown, Indiana (zip code 47111), presents a remarkable opportunity for developers. Priced at $400,000 ($325,203/acre), this property boasts a highly desirable C-1 zoning designation. Situated at the main entrance to historic Charlestown, at the intersection of Highways 62 and 3, the site offers unparalleled visibility and accessibility. Existing infrastructure includes readily available utilities and a pre-installed curb cut with access road directly off Highway 62. The topography is generally level and pad-ready, minimizing site preparation costs. This property's strategic location and convenient access make it ideal for a variety of commercial developments. The parcel's APN is 10-18-09-600-056.000-004. Furthermore, the possibility exists to combine this lot with adjacent parcels to create a larger development footprint. This is a truly exceptional opportunity to acquire a ready-to-develop site in a thriving Indiana community. Ownership is of record.
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.