6705 Highway 311, Sellersburg, IN 47172
This exceptional 1.46-acre commercial land parcel presents a prime development opportunity in Sellersburg, Indiana. Located at 6705 Hwy 311 (Charlestown Road), this property boasts a highly visible position, situated directly across from established businesses including CVS and Walgreens, and adjacent to a new multifamily development. The R2 zoning permits a variety of commercial uses, making it ideal for investors seeking high-return potential. The lot's size offers ample space for a range of projects, from retail establishments to smaller commercial buildings. Its strategic location at the northern edge of the intersection of Hwy 311/Charlestown Road and County Line Road ensures significant exposure to a substantial daily traffic volume. The asking price is $600,000, translating to approximately $410,958 per acre, reflecting the property's exceptional value and location within a thriving commercial corridor. The Clark County Assessor's Parcel Number (APN) is 100908800101000030. This property is ready for immediate development and offers a unique chance to capitalize on the growth and potential of this dynamic area. Don't miss this opportunity to secure a highly desirable commercial site in a rapidly developing market.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.