0 Cp Run Pkwy, Sellersburg, IN 47172
This exceptional 8.4-acre parcel presents a unique investment opportunity in Sellersburg, Indiana's burgeoning Town Center. Strategically located at the intersection of Camp Run Parkway and Highway 60, this property boasts excellent visibility and accessibility. Zoned TC-Town Center, it allows for a diverse range of commercial and residential uses, including multi-family, office, retail, and retail-pad developments. The legal description is GT 109; 8.4 Ac Split FM 17-58-23 (99-00). Significant infrastructure improvements are underway, including a recently announced stoplight at Poindexter and Highway 60, further enhancing the property's value and potential. The site offers frontage on Highway 311/Charlestown Road, a major thoroughfare providing high traffic exposure. Its proximity to Louisville International and Clark County Regional Airports adds to its appeal. The seller is open to build-to-suit options for approved uses, particularly those identified by Sellersburg leadership as key growth contributors. This property represents a rare chance to participate in the significant growth projected for Sellersburg's Town Center. The total vacant land area is 8.4 acres, and the seller will consider selling a portion of the acreage while retaining road frontage for future development. The APN is 101710900023000031. The asking price is $1,295,000, translating to $154,166 per acre.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.