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Retail Space with Flexible Layout
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2121 Veterans Parkway, Jeffersonville, IN 47130

Commercial, Jeffersonville, IN

Property Size3,500 SF
Price / SF$0.01
Days on Market48

Property Features for 2121 Veterans Parkway

General Information

Property type Commercial Sale
Property subtype Other
Property condition Under Construction
Directions 65 North to Veterans Pkwy , let on Veterans Pkwy. Building on the left.
Standard status Active
APN 102103300688000009

Taxes and HOA fees

Tax Year 4051
Tax Description VETERANS POINTE MINOR PLAT LOT 2
Tax Annual Amount 65
Legal Description VETERANS POINTE MINOR PLAT LOT 2
Listing Agency: RE/MAX FIRST · RE/MAX International
Listed By: Bill Burns
Added: Sep 11 Changed: Oct 25 Last Checked: Oct 28 at 9:06AM
MLS# 2026011702

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.

Rey
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Investment Insights

Based on property information with market context.

This under-construction retail space provides approximately 3,500 square feet for commercial occupancy along Veterans Parkway. The property can operate as one full-size space or be divided into approximately two 1,750-square-foot suites, giving users flexibility in configuring their footprint. The source information identifies potential applications including retail, professional office, and service-oriented uses.

Located at 2121 Veterans Parkway in Jeffersonville, the property is positioned within the Veterans Parkway commercial district and offers access to I-65. The site is also accessible from Clarksville, New Albany, and Louisville, with established retail, restaurant, office, and other commercial destinations in the surrounding area.

Key Highlights

  • Approximately 3,500 SF of retail space available
  • Can be divided into approximately 1,750 SF suites
  • Under‑construction property at 2121 Veterans Parkway

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$42,248
Suggested Prices Based on Cap Rates
Cap Rate 5%
$844,960 $845.0K
Cap Rate 7%
$603,543 $603.5K
Cap Rate 9%
$469,422 $469.4K
Market Conditions
NOI Build-Up for 3,500 SF
Gross rent
$63.0K $18.00/SF
− Vacancy
−$2.6K −$0.76/SF
EGI
$60.4K $17.24/SF
− OpEx
−$18.1K −$5.17/SF
NOI
$42.2K $12.07/SF
Area
Clark County, IN
Vacancy
4.20%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$844,960
Cap Rate 7%
$603,543
Cap Rate 9%
$469,422

Alternative Uses

Best Use
Retail
$603.5K
$528.1K – $704.1K (±1% cap)
NOI $42,248 @ 7.0% cap · market cap 156,474.07%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.02M
$890.4K – $1.19M (±1% cap)
NOI $71,232 @ 7.0% cap · market cap 263,822.22%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Retail space

Suggested Use

Top Pick Law Firm Building Supply Spa & Massage Center Big Box & Wholesale Store Hair Salon Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

279
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Frequently Asked Questions

What type of property is this?
Retail space - Under-construction commercial space offering adaptable configuration for retail, service, and professional users.
Where is this retail space located?
The property is located at 2121 Veterans Parkway Jeffersonville, IN.
What are key features of this property?
This property features: Approximately 3,500 SF of retail space available; Can be divided into approximately 1,750 SF suites; Under‑construction property at 2121 Veterans Parkway
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Includes: Price & PSF · Cap rate · Location · Zoning

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