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    1001 Highway 31 Clarksville, IN 47129

    Sponsored
    For Sale
    $995,000

    Two Buildings, 4.73 Acres, I-65 Access

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional retail investment opportunity is located at 1001 Highway 31 E in Clarksville, Indiana. The property boasts an impressive 4.73-acre lot and offers excellent visibility from Interstate 65, ensuring high traffic exposure for your business. The site features two existing buildings, presenting a versatile canvas for a variety of retail uses or redevelopment potential. The strategic location along Highway 31 E provides easy access for customers and ample space for parking and maneuvering. This prime commercial real estate presents a unique chance to establish a thriving business in a high-traffic area. The asking price for this remarkable property is $995,000. Given its prominent location and substantial lot size, this property is ideal for investors seeking a strong return on investment or businesses looking to establish a significant presence in the Clarksville market. The concrete construction of the existing structures suggests durability and longevity, minimizing future maintenance costs. The property's size and visibility make it suitable for a wide range of retail ventures, from restaurants and shops to service businesses. Serious inquiries are encouraged to explore the full potential of this exceptional opportunity. The property is ready for immediate occupancy or redevelopment, offering flexibility to suit diverse business needs. Don't miss this chance to acquire a highly visible and strategically located retail property in a growing market.

    Property Features for 1001 Highway 31

    General Information

    Property type
    Retail properties
    Lot Size
    206,039 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail properties

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Clarksville
    County
    Clark
    State
    Indiana
    Longitude
    -85.75325
    Latitude
    38.31177

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    FAQs

    What type of property is this?
    Retail property - Two Buildings, 4.73 Acres, I-65 Access
    Where is this retail property located?
    The property is located at 1001 Highway 31 Clarksville, IN.
    What is the asking price?
    The asking price for this property is $995,000.
    (812) 728-8181
    Request Owner's contact information
    1001 Highway 31 Clarksville, IN 47129
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    Clarksville, IN 47129
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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
    1001 Highway 31 Clarksville, IN 47129
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