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    709 E Lewis And Clark Pkwy Clarksville, IN 47129

    For Sale
    $1,752,000

    Retail property with in-place NOI of $122,608 for sale.

    Property size:
    6,786 SF
    Lot size:
    33.72 Acres

    Property Features for 709 E Lewis And Clark Pkwy

    General Information

    Size
    6,786 SF
    Lot size
    33.72 Acres

    Source: Newmark | Cincinnati Agent Jim Vondran

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

    Overview

    Green Tree Mall Outparcel Property

    The Green Tree Mall Outparcel property, comprising 6,786 square feet, has an in-place net operating income (NOI) of $122,608. The property is offered for $1,752,000, representing a 7.0% capitalization rate based on the in-place NOI. The property is located at 709 E Lewis and Clark Pkwy, Clarksville, IN.
    Location Intelligence

    Current Use by Public Records

    Strip malls

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Clarksville
    County
    Clark
    State
    Indiana
    Longitude
    -85.7641932
    Latitude
    38.3137538

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    FAQs

    What type of property is this?
    Strip mall - Retail property with in-place NOI of $122,608 for sale.
    Where is this strip mall located?
    The property is located at 709 E Lewis And Clark Pkwy Clarksville, IN.
    What is the asking price?
    The asking price for this property is $1,752,000.
    What are key features of this property?
    This property features: - Offered at $1,752,000; - 7.0% Cap Rate on in-place NOI; - In-place Net Operating Income (NOI) of $122,608
    (513) 241-2300
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    709 E Lewis And Clark Pkwy 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
    709 E Lewis And Clark Pkwy Clarksville, IN 47129
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