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5919 Highway 31 Clarksville, IN 47129

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For Sale
$740,000

60 Units, 4 Acres, High Growth Potential

Property Features for 5919 Highway 31

General Information

Property type
Other commercial real estate

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Listing Contact
Cinda Harbeson
Cinda Harbeson

Listing Agency: Advantage Plus Real Estate Team Listing Agent: Cinda Harbeson

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

This exceptional investment opportunity presents a 60-unit self-storage complex ideally situated on a 4.2428-acre lot at 5919 Highway 31 E in Clarksville, Indiana. The property boasts convenient access via an electric gate, ensuring security and ease of use for tenants. The existing complex offers substantial income potential with its 60 individual storage units, complemented by an on-site office for efficient management. Its strategic location provides excellent visibility and accessibility, benefiting from proximity to Interstate 65, enhancing its appeal to a wide range of customers. The property's location in Clarksville, with its close proximity to Sellersburg and numerous apartment complexes, guarantees a robust and readily available tenant base. The substantial 4.2428-acre lot offers significant potential for future expansion and development, allowing for increased revenue streams and enhanced property value. This presents a rare chance to acquire a well-established, income-generating asset with considerable upside potential in a rapidly growing area. The property is priced at $740,000, representing a compelling investment opportunity for those seeking a strong return on investment in the thriving Clarksville market. This turnkey operation requires minimal capital expenditure to maintain its current high occupancy rate and offers a solid foundation for future growth and expansion. The combination of existing income and future development potential makes this a truly unique and attractive investment.
Location Intelligence

Current Use by Public Records

Commercial real estate

Suggested Use

Real Estate Agency Building Supply Auto Repair Shop Big Box & Wholesale Store Hotel & Motel Kitchen & Bath Showroom Auto Parts Store Discount Store Electronics & Wireless Store Electrical Service

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

Location Insight

  • Map
  • Local Demand
City
Clarksville
County
Clark
State
Indiana
Longitude
-85.74784
Latitude
38.3481

FAQs

What type of property is this?
Commercial real estate - 60 Units, 4 Acres, High Growth Potential
Where is this commercial real estate located?
The property is located at 5919 Highway 31 Clarksville, IN.
What is the asking price?
The asking price for this property is $740,000.
More about this property
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