Flex Space with Fenced Storage
For Sale
$775,000
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 Market257
Property Features for 2112 Hamburg Pike
General Information
Standard status
Active
Size
2,550 SF
Total Parking Spaces
250
Lot size
2.54 Acres
Property subtype
Industrial
Zoning
C-1 Neighborhood Commercial Zone
Site & Location
Road Access
Yes
Fenced Yard
Yes
Outdoor Storage
Yes
Amenities
250 Parking Spaces
Building Details
Year Built
1970
Buildings
1
Building Size
2,550 SF
Construction
pole barn
Listing Agency:
Schuler Bauer Real Estate Services ERA Powered
Listed By:
Barbara Popp · License #RB14014130
(502) 552-2228
Source:
Kcrea.resimplifi
Added: Jan 23
Changed: Sep 26
Last Checked: Oct 5 at 3:01PM
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 Services ERA Powered
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 / Yr
$22,245
Cap Rate
2.87%
Suggested Prices Based on Cap Rates
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
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 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
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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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in Midwest region
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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
