commercial land - development opportunity, sellersburg, indiana

115 Enterprise Dr, Sellersburg, IN, Clark 47172

Development Land

PUD

Added: 2017-01-03 Updated: 2019-09-12

Active $3,392,000

Development Opportunity in Sellersburg, Indiana for 32 Acres of Land zoned PUD and in the TIF District. Thanks to the two new Ohio River bridges, the tremendous growth in this region, PUD zoning and being in the Sellersburg TIF district, the timing and opportunity is right to purchase this terrific commercial land opportunity at 115 Enterprise way, next to the McDonalds , Quality Inn and Circle K at Exit 9 off I-65 in Sellersburg, Indiana. Enterprise Way dead ends into this property. It is one block from Ohio Avenue, near the intersection of Ohio Ave. and Highway 311. It is very close to the on and off ramps of I65. It is just across 311 from the campus of Ivy Tech Community College with approximately 5,000 students commuting to campus daily. It is also across from the Indiana State Police Post. The existence of excellent broadband capabilities with access to 2 major power/communication sources, and a major fiber optic line running parallel to I-65 will enhance development. Traffic and demographic studies have shown support and demand for a supermarket/grocery store in the area. It has many other commercial / retail applications as well as light industrial. There is excellent visibility at this property and the nearby Camp Run Commons Development. There is a growing population with medium density residential development in the vicinity. Also, this property connects to 10.5 acres of land that we also have listed.

Listing contacts

Bill Menish, CAI, AARE
SVN | Premier CRE & Auctions
(502) 814-5174

Documents

Survey

Legal Description

Sellersburg TIF District Master Plan and PUD Ordinance

RDC Support Letter (Must Read)

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New Branding Offering Memorandum (L)

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Median household income (5-mile radius) 60,894

Renters occupied (5-mile radius) 25%

Num of competitors (5-mile radius) 13

Sq.Ft. per capita (1-mile radius) 13.92

5x5 unit average price $12

5x10 unit average price $39

10x10 unit average price $67

Lot Size (acres) 32.22

Zoning PUD

YouTube https://youtu.be/wh5G6qfFjz4

Analyze the location

Feasibility study

32.22 Acres of Land
Zoned PUD Allowing Development Flexibility
In the TIF District
Great Retail Location
Could also be Multi-Family or Light Industrial
Easy Access to I-65

Thanks to the two new Ohio River bridges, the tremendous growth in this region, PUD zoning and being in the Sellersburg TIF district, the timing and opportunity is right to purchase this terrific commercial land opportunity at 115 Enterprise way, next to the McDonalds , Quality Inn and Circle K at Exit 9 off I-65 in Sellersburg, Indiana. Enterprise Way dead ends into this property. It is one block from Ohio Avenue, near the intersection of Ohio Ave. and Highway 311. It is very close to the on and off ramps of I65. It is just across 311 from the campus of Ivy Tech Community College with approximately 5,000 students commuting to campus daily. It is also across from the Indiana State Police Post. The existence of excellent broadband capabilities with access to 2 major power/communication sources, and a major fiber optic line running parallel to I-65 will enhance development. Traffic and demographic studies have shown support and demand for a supermarket/grocery store in the area. It has many other commercial / retail applications as well as light industrial. There is excellent visibility at this property and the nearby Camp Run Commons Development. There is a growing population with medium density residential development in the vicinity.

Drive Time:

▣ 0-5 minutes
▣ 6-10 minutes
▣ 11-15 minutes
▣ 16-20 minutes

commercial land - development opportunity, sellersburg, indiana

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