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Property profile & analytics
OFF-MARKET
Commercial real estate

Market St Unit Charlestown, IN 47111

0.92 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 0.92-acre commercial lot, located at Market Street Unit Lot 3 in Charlestown, Indiana, presents a unique investment opportunity. Situated on a high-traffic corner with B1 zoning, this property enjoys excellent visibility and accessibility, surrounded by a dense residential area. Its strategic location offers immediate access to Edgewood Drive, a major thoroughfare serving both residential neighborhoods and North Clark Hospital. The high traffic count makes this an ideal location for a variety of commercial ventures. Potential uses include medical facilities, pharmacies, multi-family dwellings, retail shops, or office space. The site has already undergone preliminary planning, with scaled designs for three fourplex buildings. This suggests significant potential for immediate development. The asking price is $150,000. The seller is open to considering contract sales and build-to-suit options, offering flexibility for potential buyers. This property represents a rare chance to capitalize on the ongoing expansion and growth within Charlestown. All information provided is derived from public records

Property profile
Verified
Property type Commercial real estate
Lot 0.92 ac (40,075 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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