8911 Hwy 62 Charlestown, IN 47111-8407
This exceptional 4.11-acre commercial property boasts a prime location on Highway 62, one of Clark County's busiest thoroughfares. Its high visibility and strategic placement directly across from the thriving River Ridge Development, home to major employers like Amazon, present a unique investment opportunity. The property is zoned B2, allowing for a wide range of commercial uses, including warehouse space, auto sales, retail shops, or office buildings. Two existing outbuildings and multiple greenhouse locations offer versatile options for immediate use or redevelopment. Ample parking is available, and the property features convenient direct access to Highway 62, ensuring easy ingress and egress. Water and electric services are available on-site, although sewer connection is not currently established. This is a rare chance to acquire a substantial parcel in one of Clark County's fastest-growing areas. Buyers are responsible for verifying square footage, tax information, and school district details. The property's potential is immense, making it an attractive investment for businesses seeking high visibility and convenient access to a major transportation artery and a rapidly expanding commercial hub. Don't miss this chance to secure a prominent location in a thriving market.
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
No recorded transactions found for this property.
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.