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Industrial Development Site with Vacant Building
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4505 Highway 31 E, Clarksville, IN 47129

A development site with a vacant warehouse building, plus leased cell tower and billboard on-site.

Property Size10,483 SF
Lot Size10.27 Acres
Price / SF$429.27
Days on Market77

Property Features for 4505 Highway 31 E

General Information

Standard status Active
Size 10,483 SF
Lot size 10.27 Acres
Property subtype LAND
Zoning AB

Site & Location

Highway Access Yes
Road Access Yes
Listing Agency: Baker Commercial Real Estate
Listed By: Jim Baker · License #RB14028328
Source: Moodyscre
Added: Jul 1 Changed: Aug 8 Last Checked: Sep 14 at 9:39AM

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 Baker Commercial Real Estate

Investment Insights

Based on property information with market context.

This approximately 10.27-acre development site includes an approximately 10,483 SF vacant warehouse building, previously associated with Theatair X. The property also includes an existing leased cell tower and a billboard (neither is leased/owned by the seller, per the remarks).

The west side of the site borders I-65. The property is currently zoned AB (adult business).

For buyers seeking a redevelopment parcel, the combination of a vacant industrial building and remaining revenue-related improvements may support flexible planning, subject to applicable approvals and zoning requirements.

Key Highlights

  • 10.27‑acre (approx.) Clarksville development site on the west side of I‑65
  • Includes a leased cell tower and a billboard on‑site (leased/not owner’s)
  • Former Theatair X property with a vacant 10,483 SF (approx.) building

Property Analytics

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Current Use

Warehouses

Suggested Use

Top Pick Law Firm Electrical Service HVAC Service Kitchen & Bath Showroom Parking Lot & Garage (Bike/Boat/Book/etc) Store

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
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

505
Businesses Nearby
Well-served
Demand for This Use

Demographics for 47129, IN

19,739
Population
9,382
Households
2.1
Avg Household Size
39
Median Age
17%
College-Educated
83%
High-School Grad
9.6 sq mi
ZIP Area
2,056
Density / Sq Mi
$55,447
Median Household Income
$36,592
Median Earnings
$1,027
Median Rent
$162,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
Rey
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Similar Off Market Nearby

  • Extra Space Storage 910 Woodstock Dr, Clarksville, IN 47129
  • A Mobile Warehouse 1800 Progress Way, Clarksville, IN 47129
  • Anytime Storage 1777 Progress Way, Clarksville, IN 47129
  • Super Self Storage LLC 4701 Hamburg Pike, Jeffersonville, IN 47130

Frequently Asked Questions

What type of property is this?
Warehouse - A development site with a vacant warehouse building, plus leased cell tower and billboard on-site.
Where is this warehouse located?
The property is located at 4505 Highway 31 E Clarksville, IN.
What is the asking price?
The asking price for this property is $4,500,000.
What are key features of this property?
This property features: 10.27‑acre (approx.) Clarksville development site on the west side of I‑65; Includes a leased cell tower and a billboard on‑site (leased/not owner’s); Former Theatair X property with a vacant 10,483 SF (approx.) building
(502) 523-6444 Call to check price and availability
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