New Commercial Building For
8000 Hardy Way, Sellersburg, IN 47172
For Sale
Contact for pricing
Fully leased commercial building in high-demand Southern Indiana corridor.
Property Size9,200 SF
Price / SF$157.07
Days on Market180
Property Features for 8000 Hardy Way
General Information
Standard status
Size
Property subtype
Zoning
Occupancy
Building Details
Year Built
Buildings
Tenancy
Listing Agency:
Lopp Realtors
Listed By:
Staci Flispart · License IN RB16000808
(502) 599-4522
Source:
Crexi
Added: May 15
Changed: Aug 8
Last Checked: Jun 26 at 5:46PM
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 Lopp Realtors
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Investment Insights
Based on property information with market context.
This newly constructed commercial building, completed in 2024, offers a fully leased investment opportunity. The property contains over 9,000 square feet of space and is located with direct access off Charlestown Road, with proximity to Interstate 65. The location benefits from the regional trade area and growth of the Louisville metro market. The building features multiple individual multi-use spaces suitable for professional offices, service providers, retail, and light commercial operations. Ample on-site parking is available. The property is currently at 100% occupancy, offering in-place cash flow and long-term upside in a high-demand market. It is designed for a variety of commercial uses. Square footage, taxes, flood zone and school systems are to be verified by the buyer(s) or Buyer's Agent if critical to the buyer(s).
Key Highlights
- Fully leased, newly constructed (2024) commercial building providing immediate, stable income.
- Prime location with direct access off Charlestown Road and exceptional proximity to Interstate 65, offering outstanding visibility.**
- Located in a high‑demand market within a strong and growing regional trade area near the Louisville metro.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$111,051
Cap Rate
7.69%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,221,020
$2.2M
Cap Rate 7%
$1,586,443
$1.6M
Cap Rate 9%
$1,233,900
$1.2M
Market Conditions
NOI Build-Up for 9,200 SF
Gross rent
$165.6K $18.00/SF
− Vacancy
−$7.0K −$0.76/SF
EGI
$158.6K $17.24/SF
− OpEx
−$47.6K −$5.17/SF
NOI
$111.1K $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%
$2,221,020
Cap Rate 7%
$1,586,443
Cap Rate 9%
$1,233,900
Alternative Uses
Best Use
Retail
$1.59M
$1.39M – $1.85M
NOI $111,051 @ 7.0% cap · market cap 7.69%
Second Best
Industrial
$526.5K
$460.7K – $614.2K
NOI $36,854 @ 7.0% cap · market cap 2.55%
Theoretical Best
Office A
$2.67M
$2.34M – $3.12M
NOI $187,238 @ 7.0% cap · market cap 12.96%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
62
Businesses Nearby
Explore this area
Business Placement
Demographics for 47172, IN
19,821
Population
8,537
Households
2.3
Avg Household Size
39
Median Age
37%
College-Educated
93%
High-School Grad
24.3 sq mi
ZIP Area
816
Density / Sq Mi
$80,525
Median Household Income
$48,560
Median Earnings
$1,152
Median Rent
$249,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Retail properties & Spaces in Clark County, IN
Properties on Market for Retail properties & Spaces in Clark County
Vacancy Rate% for Industrial in Midwest region
Frequently Asked Questions
What type of property is this?
Retail property - Fully leased commercial building in high-demand Southern Indiana corridor.
Where is this retail property located?
The property is located at 8000 Hardy Way Sellersburg, IN.
What is the asking price?
The asking price for this property is $1,445,000.
What are key features of this property?
This property features: Fully leased, newly constructed (2024) commercial building providing immediate, stable income.; Prime location with direct access off Charlestown Road and exceptional proximity to Interstate 65, offering outstanding visibility.**; Located in a high‑demand market within a strong and growing regional trade area near the Louisville metro.
