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    1820 Park Pl Jeffersonville, IN 47130

    For Sale
    $625,000

    Spacious Church Building, Ample Parking

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    309
    This exceptional Jeffersonville, IN commercial property presents a unique investment opportunity. The single-story building, constructed with durable brick and stone, offers 15,632 square feet of versatile space. High-quality features include custom thermopane windows, allowing abundant natural light, and elegant terrazzo flooring. The sanctuary boasts a soaring 23-foot ceiling, creating a majestic atmosphere, while the remaining areas feature 10-foot ceilings. Ample parking is provided with 30 dedicated spaces, ensuring convenient access. A significant advantage is the 634-square-foot attic, offering substantial storage or potential for expansion. The property sits on a 0.82-acre lot and is currently listed in three configurations: as a church, as a gymnasium, and as a combined church and gymnasium. This presents a flexible opportunity for various uses, catering to diverse needs and maximizing investment potential. The property's solid construction, desirable features, and ample space make it an attractive prospect for a wide range of buyers. This is a chance to acquire a substantial and well-maintained building in a prime location. The property's versatility and size make it ideal for a variety of commercial ventures.

    Property Features for 1820 Park Pl

    General Information

    Property type
    Other commercial real estate
    Lot Size
    35,719 SF

    Building Details

    Year Built
    1960
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Park Memorial United ... Methodist Church Park Memorial Family ... Religious Organization KidsCare Park Memorial ... Day Care Center

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Jeffersonville
    County
    Clark
    State
    Indiana
    Longitude
    -85.71013
    Latitude
    38.28772

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    FAQs

    What type of property is this?
    Commercial real estate - Spacious Church Building, Ample Parking
    Where is this commercial real estate located?
    The property is located at 1820 Park Pl Jeffersonville, IN.
    What is the asking price?
    The asking price for this property is $625,000.
    (812) 948-2888
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    1820 Park Pl Jeffersonville, IN 47130
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    Realmo Value Estimation

    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.

    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.

    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
    1820 Park Pl Jeffersonville, IN 47130
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