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Property profile & analytics
OFF-MARKET
Land

11500 In-62 Charlestown, IN 47111

1.23 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 1.23 ac (53,579 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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