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Property profile & analytics
OFF-MARKET
Retail space

8911 Hwy 62 Charlestown, IN 47111-8407

800 SF 4.11 ac lot Built 1978
Entity Owned 13-yr Hold Absentee Owner Free & Clear
Property ID
US31-1137965
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1978
Construction WOOD
Total area 800 SF
Lot 4.11 ac (179,032 SF)
APN 10-03-07-200-064.000-003
UPID US31-1137965
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
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
MCCOYS NURSERY LLC
MCCOYS NURSERY LLC
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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