Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    Allentown Rd Sellersburg, IN 47172

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    Allentown Rd Sellersburg, IN 47172

    View on Map
    • Farms
    • 123.07 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Farms

    Property Details for Allentown Rd

    Lot size
    123.07 lot acres
    Property type
    Farms

    Description

    This exceptional 123.07-acre property, situated on Allentown Road in Sellersburg, Indiana, presents a remarkable opportunity for developers and investors. The land is currently used for farming, offering immediate income potential while possessing significant long-term development prospects within Clark County. Its rectangular shape, measuring approximately 60 feet by 1140 feet, provides efficient layout possibilities. The property boasts dual access points, one from Allentown Road and another from Weidener Lane, enhancing accessibility and utility. Existing structures on the site include a home, barn, and silo

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Sellersburg
    County
    Clark
    State
    Indiana
    Longitude
    -85.7659
    Latitude
    38.4048

    Comparable in this City

    • Value Estimation by Request
      123.07 Acres

      Allentown Rd

      Agricultural properties • 123.07 Acres
      Allentown Rd, Sellersburg, IN 47172
      View Details
    • Value Estimation by Request
      40,000 SF

      11515 Us-31

      Office Units • 40,000 SF
      11515 Us-31, Sellersburg, IN 47172
      View Details
    • Value Estimation by Request
      0.86 Acres

      60 Old Hwy

      Land • 0.86 Acres
      60 Old Hwy, Sellersburg, IN 47172
      View Details
    • Value Estimation by Request
      0.87 Acres

      Bringham Dr

      Retail properties & Spaces • 0.87 Acres
      Bringham Dr, Sellersburg, IN 47172
      View Details
    • Value Estimation by Request
      0.95 Acres

      7419 Highway 311

      Commercial real estate • 0.95 Acres
      7419 Highway 311, Sellersburg, IN 47172
      View Details
    • Value Estimation by Request
      87.70 Acres

      Highway 31

      Commercial real estate • 87.70 Acres
      Highway 31, Sellersburg, IN 47172
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Sellersburg Land for Development

      123.1 acres on Allentown Road, ideal for development.
      Allentown Rd, Sellersburg, IN 47172
      View Details
    • Contact for pricing

      Sellersburg Land for Development

      123.1 acres ideal for development in Clark County.
      Allentown Rd, Sellersburg, IN 47172
      View Details
    • Contact for pricing

      Sellersburg Industrial Property with Acreage

      14.5-acre industrial property with warehouse, office, and pond.
      11323 Highway 60, Sellersburg, IN 47172
      View Details
    • Contact for pricing

      Sellersburg Restaurant Property For Sale

      Restaurant property for sale in Sellersburg, Indiana, with B1 zoning.
      621 S Indiana Ave, Sellersburg, IN 47172
      View Details
    • Contact for pricing

      Prime Commercial Land I-65 Frontage

      One acre commercial property off I-65 and Highway 60.
      7517 Highway 60, Sellersburg, IN 47172
      View Details
    • Contact for pricing

      Downtown Office & Apartment Building

      Renovated office and apartment building in Sellersburg's Downtown District.
      301 E Utica St, Sellersburg, IN 47172
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Sellersburg Commercial Space with Drive-Thru

      2,250 SF commercial space with drive-thru in Sellersburg, IN.
      7600 In-60, Sellersburg, IN 47172
      View Details
    • $15 SF/Yr
      2,150 SF

      Finished Retail Space on Highway

      Finished and unfinished retail space on a high-traffic road.
      324-326 N Indiana Ave, Sellersburg, IN 47172
      View Details
    • Contact for pricing

      Sellersburg Industrial Park Vacant Lot

      3.9 acre vacant lot for lease in Sellersburg, Indiana.
      4600 Progress Way, Sellersburg, IN 47172
      View Details
    • Contact for pricing

      Finished and Unfinished Space Available

      Retail or office space available on heavily traveled road.
      324 N Indiana Ave, Sellersburg, IN 47172
      View Details
    • Contact for pricing
      1,179,983 SF

      Sellersburg Warehouse Space Available

      336,000 sq ft warehouse/distribution space for lease.
      6905 Apple Leaf Ln, Sellersburg, IN 47172
      View Details
    • Contact for pricing

      Retail Pad Sites For Lease

      Retail pad sites available for ground lease or build-to-suit.
      7312 Apple Leaf Ln, Sellersburg, IN 47172
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Allentown Rd
    Sellersburg, IN 47172
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry

    Allentown Rd, Sellersburg, IN, 47172

    letter with green check mark
    Check your email

    We sent you the

    agent's contact details. yellow underline

    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!