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    1818 Wesley Ct Jeffersonville, IN 47130

    For Sale
    $1,625,000

    Versatile Gym, Church Potential, 0.87 Acres

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    308
    This exceptional Jeffersonville, IN commercial property presents a unique investment opportunity. Situated on a combined 0.87-acre lot (parcels 10-20-00-304-021.000-010 and 10-20-00-301-981.000-010), this property features a state-of-the-art gymnasium ideal for diverse uses. The main floor offers sleek tile flooring, perfect for fitness activities and events, while the second floor provides a more comfortable atmosphere with wood-laminate and carpeting. The gymnasium includes full-sized basketball courts and goals, catering to various sporting events and community gatherings. Conveniently located on both floors are kitchen and restroom facilities, ensuring smooth operations. A dedicated youth room offers a safe space for recreational activities, and office space is available for administrative needs. A rear shed provides additional storage or potential expansion possibilities. This property is listed separately as a church and as a combined church and gymnasium offering significant versatility for a wide range of buyers. The asking price is $1,625,000. This is a rare opportunity to acquire a substantial property with significant potential in a thriving community.

    Property Features for 1818 Wesley Ct

    General Information

    Property type
    Other commercial real estate
    Lot Size
    18,731 SF

    Building Details

    Year Built
    1997
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    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
    -85.70912
    Latitude
    38.28786

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    FAQs

    What type of property is this?
    Commercial real estate - Versatile Gym, Church Potential, 0.87 Acres
    Where is this commercial real estate located?
    The property is located at 1818 Wesley Ct Jeffersonville, IN.
    What is the asking price?
    The asking price for this property is $1,625,000.
    (812) 948-2888
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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
    1818 Wesley Ct Jeffersonville, IN 47130
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