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Property profile & analytics
OFF-MARKET
Commercial real estate

62 Plot A Of 11452 Hwy Charlestown, IN 47111

11.5 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 11.5-acre commercial parcel, identified as Plot A of 11452 Highway 62 in Charlestown, Indiana, presents a remarkable development opportunity. The land is notably flat and cleared, ready for immediate construction. Benefiting from excellent visibility and accessibility, the property boasts significant road frontage on both Highway 62 and Patrol Road. Essential utilities are readily available, including natural gas, electricity, city water, and sewage. The B-1 Commercial zoning allows for a diverse range of uses, encompassing retail establishments, restaurants, office spaces, apartments, hotels, and multifamily residential developments. This makes it an ideal location for a variety of commercial ventures. The property's strategic location and versatile zoning regulations combine to create a compelling investment prospect. This is a rare opportunity to acquire a substantial tract of land in a thriving area. Detailed information regarding taxes, precise measurements, acreage, and road frontage should be independently verified by prospective buyers. Additional adjacent plots (B, C, E, and F) are also available for purchase. This presents a unique chance to acquire a larger contiguous area for a significant development project. Don't miss this chance to secure a prime piece of Charlestown real estate.

Property profile
Verified
Property type Commercial real estate
Lot 11.5 ac (500,940 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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