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    501 Clark Blvd Clarksville, IN 47129

    For Sale
    $500,000

    Versatile multi-use building, great location!

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    314
    This exceptional Clarksville commercial property presents a unique investment opportunity. Situated on a 0.38-acre lot at 501 S Clark Boulevard, this concrete block and brick veneer building offers a substantial 3036 square feet of finished space. The property includes a versatile layout currently configured with an 800-square-foot apartment, a commercial kitchen space, and a workshop area. Each of these spaces offers significant potential for a variety of uses, allowing for flexibility and adaptability to suit diverse business needs. The building benefits from existing utilities including gas, water, electric, and sewer connections. Further enhancing its appeal, the property boasts a recently installed roof (date unspecified), a new HVAC system (installed in 2019), and new asphalt paving (1500 sq ft, installed in 2018). A metal utility shed located at the rear of the building is also included in the sale. The main building features heating throughout, with air conditioning in the rear section. This property is priced at $500,000 and represents a compelling opportunity for investors and business owners seeking a well-maintained, versatile commercial space in a desirable Clarksville location. The square footage is approximate.

    Property Features for 501 Clark Blvd

    General Information

    Property type
    Other commercial real estate
    Lot Size
    16,553 SF

    Building Details

    Year Built
    1950
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Clarksville
    County
    Clark
    State
    Indiana
    Longitude
    -85.76116
    Latitude
    38.28268

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    FAQs

    What type of property is this?
    Commercial real estate - Versatile multi-use building, great location!
    Where is this commercial real estate located?
    The property is located at 501 Clark Blvd Clarksville, IN.
    What is the asking price?
    The asking price for this property is $500,000.
    (812) 948-2888
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    501 Clark Blvd 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
    501 Clark Blvd Clarksville, IN 47129
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