905 Market St Charlestown, IN 47111
Property profile & analytics
905 Market St Charlestown, IN 47111
- Retail space
- 1,334 SF
- 0.19 lot acres
Property ID
US31-1442792
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Papa John's Pizza / Restaurant
Property Details for 905 Market St
- Year built
- 1973
- Construction
- TYPE NOT SPECIFIED
- Lot size
- 0.19 lot acres
- Property size
- 1,334 SF
- Property type
- Retail space
- APN
- 10-18-11-700-277.000-004
- APU
- 101811700277000004
Description
This exceptional commercial property, located at 905 Market Street in Charlestown, Indiana, presents a lucrative investment opportunity. The 1,334 square foot building (46ft x 29ft) sits on a 0.19-acre lot in a high-traffic area, boasting a daily traffic count of 15,855 vehicles. Its prime location is just one building from a traffic light and directly across the street from a Dollar General, ensuring excellent visibility and accessibility. The property currently generates a strong 8% cap rate with a monthly rent of $1986 under a NNN lease. However, the current tenant plans to vacate in 2022, opening up possibilities for new lease agreements or owner-occupancy. The building includes walk-in coolers and exhaust ducts, while the HVAC system (excluding hood and sinks) remains in place. Landlord responsibilities include structural repairs, exterior utilities, and roof repairs exceeding $2,000 annually. The property is situated in a flood zone
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Charlestown
- County
- Clark
- State
- Indiana
- Longitude
- -85.6679
- Latitude
- 38.4493
- CBSA code
- 31140
- CBSA name
- LOUISVILLE-JEFFERSON COUNTY, KY-IN METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$3,087
$17,000
$105,900
$122,900
-
$17,000
$105,900
$122,900
