7007 Highway 31 E, Sellersburg, IN 47172

Property Description

HOME IS BEING SOLD IN AS-IS CONDITION. Investment and development opportunity on 9.123 acres along US Highway 31 in Sellersburg, just west of the Clark County Airport. Highway exposure, convenient access and surrounding development offer potential for commercial or redevelopment use, subject to rezoning and governmental approval. The property is currently reported as agriculturally zoned, but its size, US 31 location and surrounding land uses make the potential for commercial rezoning an important feature for investors, developers and owner-users to explore. Buyer should independently confirm current zoning and investigate permitted uses and rezoning possibilities with Clark County Planning & Zoning. The property includes a 3,473 sq. ft. bi-level home built in 1971 with 3 bedrooms, 3 full baths, 9 rooms and a 2-car garage. The residence requires updating. The 9.123-acre site is generally level and includes at least two additional outbuildings. One older structure is used for barn/warehouse storage. Lake Drive runs through the property, creating two sections with access that could aid future development. A rare opportunity to control more than 9 acres directly along the US 31 corridor in a growing Southern Indiana market, convenient to Sellersburg, Jeffersonville, Clarksville and Louisville. Buyer to independently verify acreage, square footage, zoning, rezoning potential, permitted uses, utilities, access, condition of all improvements and any development requirements.