125 East Montgomery Avenue Clarksville, IN 47129
48,000 SF facility near Clarksville Cove & Colgate Park.
Property Features for 125 East Montgomery Avenue
General Information
- Standard status
- Active
- Size
- 47,626 SF
- Lot size
- 0.90 Acres
- Property subtype
- Office, Industrial, Senior Living
Building Details
- Year Built
- 1960
Listing office Cornerstone Group
Listing date May 22, 2026
Source Crexi
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Cornerstone Group
Investment Insights
Based on property information with market context.
Key Highlights
- Large ~48,000 SF facility on .9 acres with diverse spaces.
- Prime location across from Clarksville Cove Aquatic Center & Colgate Park, near 'Clockworks' Development.
- 6,106 SF athletic hall with 22.5 ft ceiling height, potential for warehouse conversion.
Local Financial Insights For Industrial
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 | $293.4k | $6.16 |
| − Vacancy | −$20.8k | −$0.44 |
| EGI | $272.5k | $5.72 |
| − OpEx | −$81.8k | −$1.72 |
| NOI | $190.8k | $4.01 |
