Current Use by Public Records
- Land
Property Details for 7700 In-62
- Lot size
- 11.55 lot acres
- Property type
- Land
Description
This exceptional 11.55-acre commercial land parcel, located at 7700 IN-62 in Charlestown, Indiana (Clark County, zip code 47111), presents a unique investment opportunity. Zoned C2, this fee-simple property boasts high visibility at a traffic light intersection on two major arteries within the River Ridge Commerce Center. The site benefits from daily traffic exceeding 18,000 vehicles and proximity to a thriving industrial complex encompassing over 6,000 acres, 70+ companies, and 10,000+ employees. The River Ridge Commerce Center is still under development, with only a third of its planned build-out completed. This strategic location offers easy access to major interstates (I-265, I-71, I-65, I-64), the East End Bridge, Louisville International Airport, downtown Louisville, Kentucky, and other key attractions. The property is divisible into five separate parcels (each approximately $1,039,500), offering flexibility for various development scenarios. The seller is open to lease options and build-to-suit arrangements, making this an ideal location for retail, restaurants, self-storage, or other commercial ventures. The asking price is $5,197,500, with a land value of $450,000 per acre. The APN is 10-42-05-300-029.000-039. This is a truly fantastic site in a prime location.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Charlestown
- County
- Clark
- State
- Indiana
- Longitude
- -85.6229
- Latitude
- 38.4665
