1500 Market St Charlestown, IN 47111-1719
This exceptional 1.38-acre commercial lot presents a rare investment opportunity in the thriving town of Charlestown, Indiana. Situated at the highly visible corner of Market Street and Monroe Street, this property enjoys direct frontage on Highway 3, ensuring maximum exposure and accessibility. The lot is ideally positioned within a rapidly developing residential area, with hundreds of newly constructed homes nearby, creating a strong foundation for future commercial success. Its central location offers easy access to the East End Bridge, connecting Charlestown to greater Louisville and beyond, making it an attractive location for businesses seeking regional reach. This is one of the last remaining vacant commercial lots in Charlestown, representing a unique chance to establish a business in a high-growth market. The property's size and location make it suitable for a variety of commercial ventures, from retail establishments to professional offices, or even a mixed-use development. Given the current residential boom and the strategic location, this lot offers significant potential for substantial return on investment. Don't miss this opportunity to secure a prime piece of Charlestown real estate. Act quickly, as properties like this are rarely available.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.