10222 In-62 Chandler, IN 47610
This exceptional 2-acre parcel, located at 10222 IN-62 in Chandler, Indiana (Warrick County, zip code 47610), presents a unique investment opportunity. The property, identified by APN 87-12-08-400-077.000-019, is zoned C-3, allowing for a variety of commercial and industrial uses, in addition to residential possibilities. Priced at $175,000, this translates to a land value of $87,500 per acre. All previous structures, including buildings and tanks, have been removed from the site, leaving a clean slate for development. The property boasts no reported environmental issues, simplifying the development process. Annual property taxes are currently $325.44. Given its size, zoning, and clean environmental record, this property is well-suited for a range of projects, making it an attractive investment for both developers and entrepreneurs seeking a strategic location in Chandler, Indiana. The property's coordinates are 38.0126566 latitude and -87.4356284 longitude. This is a rare opportunity to acquire a sizable, versatile parcel in a growing area.
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
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.