62 Of 11452 Hwy Charlestown, IN 47111
This exceptional 2-acre commercial lot presents a remarkable development opportunity in Charlestown, Indiana. Strategically located on the corner of Highway 62 and Charlestown Landing Road, this property boasts significant road frontage on both major thoroughfares, ensuring high visibility and accessibility. Plot E is completely flat and cleared, ready for immediate construction. The site is serviced by readily available utilities including natural gas, electricity, city water, and sewage, simplifying the development process. Zoned B-1 Commercial, this land offers versatile usage potential, accommodating a wide range of commercial ventures such as retail spaces, restaurants, offices, apartments, hotels, or multifamily dwellings. The property's prime location and convenient access to major roadways make it an ideal investment for businesses seeking high-traffic exposure. This is a rare opportunity to acquire a sizable, well-situated commercial lot in a thriving area. All interested parties are encouraged to independently verify all taxes, measurements, acreage, and road frontage details. Additional adjacent lots (A, B, C, and F) are also available for purchase. Don't miss this chance to secure a prominent location for your next commercial project.
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.