Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    5821 Utica Pike Jeffersonville, IN 47130

    Sponsored
    For Sale
    $4,000,000

    Large industrial building, river access, motivated seller.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    357
    This exceptional 25,456 square foot industrial building presents a unique investment opportunity in Jeffersonville, Indiana. Situated on a substantial 16-acre lot, the property boasts impressive features ideal for a variety of industrial uses. The building includes a 10-ton and a 3-ton crane, facilitating efficient material handling. Large, 40 x 24 foot foldable doors provide easy access for oversized equipment and materials. The high ceilings, with a 30-foot eave height and a 34-foot center ridge height, offer ample vertical space. One section of the building features an expansive 50-foot clear span between supporting columns. The property benefits from existing Ohio River barge moorage, providing direct access to water transportation. A road easement will be provided to ensure convenient access. The seller is highly motivated, making this an attractive proposition for discerning buyers. The property's size and features make it suitable for a wide range of industrial operations. Furthermore, the possibility of acquiring additional acreage presents opportunities for expansion or future development. This is a rare opportunity to acquire a significant industrial property with river access in a prime location.

    Property Features for 5821 Utica Pike

    General Information

    Property type
    Other commercial real estate
    Lot Size
    696,960 SF

    We can help!

    Listing Contact
    Brian Haeseley

    Learn more

    Property Insight Report
    Property Profile Location Intelligence

    Current Use by Public Records

    Marine Industries Corporation Marine Supply Store Marine Builders Inc Boat Repair Shop

    Suggested Use

    Restaurant Realty agency Building Supply Wholesale Shop Hotel & Motel Department Store Food Market Accounting Firm HVAC Service Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Jeffersonville
    County
    Clark
    State
    Indiana
    Longitude
    -85.65397
    Latitude
    38.32831

    Nearby Similar for Sale

    • $1,500,000
      2.54 Acres

      Jeffersonville Commercial Development Opportunity

      Commercial property with development potential in central Jeffersonville, Indiana.
      2112 Hamburg Pike, Jeffersonville, IN 47130
      View Details
    • $388,900

      Jeffersonville Commercial Building For Sale

      Freestanding building suitable for retail, office, or investment.
      1302 E 10Th St, Jeffersonville, IN 47130
      View Details
    • $1,000,000
      7,525 SF

      Jeffersonville Bar & Restaurant Opportunity

      Iconic bar and restaurant with river views for sale.
      134 Spring St, Jeffersonville, IN 47130
      View Details
    • Contact for pricing
      33,970 SF

      Pharmacord Investment Property

      NNN leased Pharmacord property in Jeffersonville, IN.
      4550 Town Ctr Blvd, Jeffersonville, IN
      View Details
    • $550,000
      2,546 SF

      Commercial Building with Open Floorplan

      2,546 SF commercial building suitable for retail or office.
      1105 Roosevelt Dr, Jeffersonville, IN 47130
      View Details
    • Contact for pricing
      25,456 SF

      Industrial Building with Barge Moorage

      25,456 SF industrial building with existing barge moorage.
      5821 Utica Pike, Jeffersonville, IN 47130
      View Details
    • $1,000,000
      5,484 SF

      Chase Bank NNN Investment Property

      NNN leased Chase Bank building near Jeffersonville High School.
      2501 Allison Ln, Jeffersonville, IN 47130
      View Details
    • $1,500,000
      1,326 SF

      Redevelopment Opportunity on Corner Lot

      Versatile property on a corner lot, ideal for redevelopment.
      1626 Spring St, Jeffersonville, IN 47130
      View Details
    • $495,000
      6,300 SF

      Versatile Building with Large Open Space

      6,300 SF multi-purpose building suitable for events or fitness.
      3106 Middle Rd, Jeffersonville, IN 47130
      View Details
    • $2,000,000
      13,476 SF

      Class A Office Building

      Freestanding Jeffersonville office building with usable lower level.
      903 Spring St, Jeffersonville, IN 47130
      View Details
    • $1,300,000

      New Industrial Building Under Construction

      New industrial building with office HQ south of I-265.
      5412 Hamburg Pike, Jeffersonville, IN 47130
      View Details
    • $75,000

      Jeffersonville Retail Investment Opportunity

      Income-producing retail property in a growing Jeffersonville area.
      516 E 10Th St, Jeffersonville, IN 47130
      View Details

    FAQs

    What type of property is this?
    Commercial real estate - Large industrial building, river access, motivated seller.
    Where is this commercial real estate located?
    The property is located at 5821 Utica Pike Jeffersonville, IN.
    What is the asking price?
    The asking price for this property is $4,000,000.
    (812) 944-7024
    Request Owner's contact information
    5821 Utica Pike Jeffersonville, IN 47130
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    5821 Utica Pike
    Jeffersonville, IN 47130
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5821 Utica Pike Jeffersonville, IN 47130
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Brian Haeseley
    (812) 944-7024
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.