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    OFF-MARKET
    Land

    6705 Highway 311, Sellersburg, IN 47172

    1.46 ac lot
    Property ID
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Land
    Lot 1.46 ac (63,598 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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