Flex Space with Fenced Storage
For Sale
Contact for pricing
2112 Hamburg Pike, Jeffersonville, IN 47130
Pole-barn facility with office and workshop areas, controlled access, and a gravel yard suited to vehicle and equipment storage.
Property Size2,550 SF
Lot Size2.54 Acres
Price / SF$303.92
Days on Market339
Property Features for 2112 Hamburg Pike
General Information
Standard status
Active
Size
2,550 SF
Lot size
2.54 Acres
Property subtype
SPECIALTY
Site & Location
Road Access
Yes
Fenced Yard
Yes
Outdoor Storage
Yes
Building Details
Buildings
1
Building Size
2,550 SF
Construction
pole barn
Listing Agency:
Schuler Bauer Real Estate Serv
(502) 641-7392
Listed By:
Matt Lincoln · License #RB14042235
(502) 641-7392
Source:
Moodyscre
Added: Sep 19, 2025
Changed: Aug 22
Last Checked: Aug 22 at 1:57PM
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 Schuler Bauer Real Estate Serv
Investment Insights
Based on property information with market context.
This flex property combines a pole-barn facility with a substantial outdoor operating area. The 2,550-square-foot building includes office and workshop space, while the flat gravel yard is fully enclosed by fencing installed in 2024. Controlled access and the existing towing and impound configuration support secure vehicle storage and organized outdoor operations.
The property encompasses 2.54 acres across 4 parcels along Hamburg Pike in Jeffersonville, with frontage on a commercial corridor and recent development across the street. The layout accommodates vehicle circulation, equipment staging, and fleet parking. A 0.31-acre portion includes residential frontage, adding a distinct land-use component to the overall assemblage.
The property encompasses 2.54 acres across 4 parcels along Hamburg Pike in Jeffersonville, with frontage on a commercial corridor and recent development across the street. The layout accommodates vehicle circulation, equipment staging, and fleet parking. A 0.31-acre portion includes residential frontage, adding a distinct land-use component to the overall assemblage.
Key Highlights
- 2.54 acres across 4 parcels
- 2,550‑square‑foot pole‑barn facility with office and workshop space
- Fully fenced gravel yard with fencing installed in 2024
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$22,245
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
2.87%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$444,900
$444.9K
Cap Rate 7%
$317,786
$317.8K
Cap Rate 9%
$247,167
$247.2K
Market Conditions
NOI Build-Up for 2,550 SF
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.
Gross rent
$36.7K $14.40/SF
− Vacancy
−$2.5K −$0.98/SF
EGI
$34.2K $13.42/SF
− OpEx
−$12.0K −$4.70/SF
NOI
$22.2K $8.72/SF
Area
Clark County, IN
Vacancy
6.80%
Lease Rate
$14.40 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$444,900
Cap Rate 7%
$317,786
Cap Rate 9%
$247,167
Alternative Uses
Best Use
Flex RnD
$317.8K
$278.1K – $370.8K
NOI $22,245 @ 7.0% cap · market cap 2.87%
Second Best
Industrial
$145.9K
$127.7K – $170.3K
NOI $10,215 @ 7.0% cap · market cap 1.32%
Theoretical Best
Office A
$741.4K
$648.7K – $865.0K
NOI $51,898 @ 7.0% cap · market cap 6.70%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Fenced yard
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
165
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 47130, IN
48,481
Population
22,602
Households
2.1
Avg Household Size
39
Median Age
25%
College-Educated
92%
High-School Grad
33.9 sq mi
ZIP Area
1,430
Density / Sq Mi
$68,412
Median Household Income
$40,941
Median Earnings
$1,090
Median Rent
$203,800
Median Home Value
Market
Vacancy Rate% for Industrial in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Flex space - Pole-barn facility with office and workshop areas, controlled access, and a gravel yard suited to vehicle and equipment storage.
Where is this flex space located?
The property is located at 2112 Hamburg Pike Jeffersonville, IN.
What is the asking price?
The asking price for this property is $775,000.
What are key features of this property?
This property features: 2.54 acres across 4 parcels; 2,550‑square‑foot pole‑barn facility with office and workshop space; Fully fenced gravel yard with fencing installed in 2024
