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Property profile & analytics
OFF-MARKET
Commercial real estate

62 Of 11452 Hwy Charlestown, IN 47111

2 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial real estate
Lot 2 ac (87,120 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
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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