62 Plot A Of 11452 Hwy Charlestown, IN 47111
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.
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
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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.