Detached Office and Service
122 Bowling Lane Clarksville, IN 47129
For Sale
$300,000
COMMERCIAL - Clarksville, IN
Property Size1,482 SF
Lot Size0.46 Acres
Price / SF$202.43
Days on Market195
Property Features for 122 Bowling Lane
General Information
Property type
Commercial Sale
Property subtype
Other
Standard status
Active
APN
102404500494000013
Size
1,482 SF
Lot size
0.46 Acres
Taxes and HOA fees
Tax Description
GT 45 .459 AC
Tax Annual Amount
3750
Building Details
Year built
2013
Listing Agency:
Keller Williams Realty Consultants
(812) 944-7024
Listed By:
Brian Haeseley · License #RB14040159
(812) 944-7024
Added: Jan 14
Changed: Jul 26
Last Checked: Jul 28 at 12:06PM
MLS# 202608424
Copyright © 2026 Southern Indiana REALTORS Association. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This detached commercial building was constructed in 2013 and contains approximately 1,482 square feet of flexible, single-level interior space. The property is described as well-maintained and includes paved parking and a canopy-covered entry, supporting straightforward day-to-day access for staff and visitors. The layout is intended to accommodate a range of business types, including professional office use, medical and therapy services, retail service, and other service-oriented operations.
The building is located at 122 Bowling Lane in Clarksville, Indiana, on a lot of approximately 0.459 acres. The site configuration includes nearly half an acre of land and provides paved parking designed to support tenant or customer arrivals.
For tenants or owner-occupiers, the practical benefit is the combination of a detached, single-level plan and on-site paved parking with covered entry. For investors, the property is presented as a manageable asset with functionality suited to professional office, medical/therapy, retail service, or similar service uses. This is a property to consider for businesses looking for an adaptable space within a maintained, purpose-built commercial setting.
The building is located at 122 Bowling Lane in Clarksville, Indiana, on a lot of approximately 0.459 acres. The site configuration includes nearly half an acre of land and provides paved parking designed to support tenant or customer arrivals.
For tenants or owner-occupiers, the practical benefit is the combination of a detached, single-level plan and on-site paved parking with covered entry. For investors, the property is presented as a manageable asset with functionality suited to professional office, medical/therapy, retail service, or similar service uses. This is a property to consider for businesses looking for an adaptable space within a maintained, purpose-built commercial setting.
Key Highlights
- Detached commercial building built in 2013
- 1,482 SF single‑level interior with a flexible layout for office, medical/therapy, retail service, or service uses
- Nearly half an acre site with paved parking
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $35.6k | $24.00 |
| − Vacancy | −$5.4k | −$3.65 |
| EGI | $30.2k | $20.35 |
| − OpEx | −$7.5k | −$5.09 |
| NOI | $22.6k | $15.26 |
1,482 SF · lease $24.00/SF/yr · vacancy 15.20% · expense 25.00%
Alternative Uses
Best Use
Office B
$323.2K
$282.8K – $377.0K
NOI $22,621 @ 7.0% cap · market cap 7.54%
Second Best
Healthcare Medical
$283.3K
$247.9K – $330.5K
NOI $19,831 @ 7.0% cap · market cap 6.61%
Theoretical Best
Office A
$430.9K
$377.0K – $502.7K
NOI $30,162 @ 7.0% cap · market cap 10.05%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Office building - Single-level detached building with paved parking and covered entry, suited for office, medical, retail service, or other professional uses.
Where is this office building located?
The property is located at 122 Bowling Lane Clarksville, IN.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: Detached commercial building built in 2013; 1,482 SF single‑level interior with a flexible layout for office, medical/therapy, retail service, or service uses; Nearly half an acre site with paved parking
