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Property profile & analytics
OFF-MARKET
Land

0 Coomer Way Charlestown, IN 47111

27.24 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 27.24-acre parcel presents a unique investment opportunity in Charlestown, Indiana. Strategically located off Highway 403, flanking the newly constructed Coomer Way, this property enjoys convenient access to the vibrant downtown area and the rapidly expanding River Ridge Commerce Park, just minutes away. Zoned for residential use, this expansive land offers significant potential for a variety of development projects, catering to diverse needs. The asking price is $3,500,000, translating to $128,000 per acre, reflecting the land's high value and promising future. The property's location within Clark County, Indiana, and its proximity to key infrastructure and commercial hubs make it an attractive proposition for both residential and commercial ventures. With its substantial size and strategic positioning, this land is ripe for development, promising substantial returns for the discerning investor. The property is located at Coomer Way, Charlestown, IN 47111. This is a for sale by owner listing.

Property profile
Verified
Property type Land
Lot 27.24 ac (1,186,574 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
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
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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