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First-Floor Office Suite

835 Spring Street, Jeffersonville, IN 47130

For Sale
Contact for pricing

Commercial, Jeffersonville, IN

Property Size73,673 SF
Lot Size0.28 Acres
Price / SF$1.25
Days on Market236

Property Features for 835 Spring Street

General Information

Property type Commercial Sale
Property subtype Other
Standard status Active
APN 101900101550000010
Lot size 0.28 Acres

Additional Details

Property Use Office

Taxes and HOA fees

Tax Description LOTS 1-6, 9-12 BLK 92 & 0.275 AC PER 201518373 OF VACATED ALLEY-PT VACATE 8TH ST
Tax Annual Amount 7319
Legal Description LOTS 1-6, 9-12 BLK 92 & 0.275 AC PER 201518373 OF VACATED ALLEY-PT VACATE 8TH ST

Building Details

Year built 2018
Number of units 1
Buildings 1
Listing Agency: Keller Williams Realty Consultants
Listed By: Brian Haeseley · License IN RB14040159
Added: Mar 20 Changed: Nov 8 Last Checked: Nov 10 at 7:06PM
MLS# 202608427

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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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

Suite 124 provides approximately 2,100 square feet of office space on the first floor of a contemporary three-story building completed in 2018. The larger property contains 73,673 square feet and is positioned within the Commercial Downtown (CD) zoning district.

Located at 835 Spring Street in Jeffersonville, the property offers access to I-65 and connectivity across the Louisville metro area. The site encompasses 0.275 acres and falls within a designated Opportunity Zone. The suite is part of a building with a Modified Gross lease structure.

Key Highlights

  • Suite 124 offers approximately 2,100 +/- square feet of first‑floor office space
  • 2018 construction in a three‑story, 73,673‑square‑foot building
  • Located at 835 Spring Street in Jeffersonville, IN 47130

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$32,054
Suggested Prices Based on Cap Rates
Cap Rate 5%
$641,080 $641.1K
Cap Rate 7%
$457,914 $457.9K
Cap Rate 9%
$356,156 $356.2K
Market Conditions
NOI Build-Up for 2,100 SF
Gross rent
$50.4K $24.00/SF
− Vacancy
−$7.7K −$3.65/SF
EGI
$42.7K $20.35/SF
− OpEx
−$10.7K −$5.09/SF
NOI
$32.1K $15.26/SF
Area
Clark County, IN
Vacancy
15.20%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$641,080
Cap Rate 7%
$457,914
Cap Rate 9%
$356,156

Alternative Uses

Best Use
Office B
$457.9K
$400.7K – $534.2K (±1% cap)
NOI $32,054 @ 7.0% cap
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$610.6K
$534.2K – $712.3K (±1% cap)
NOI $42,739 @ 7.0% cap
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

M. Fine On Spring Apartment Building Carefirst Rehab Physical ... Medical Clinic

Suggested Use

Top Pick Furniture & Home Goods Grocery & Convenience Store Storage Facility Garden Center Carpet & Flooring Store Locksmith

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

2,105
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 Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025

Frequently Asked Questions

What type of property is this?
Office unit - Professional workspace within a 2018 three-story building in the Commercial Downtown (CD) zoning district.
Where is this office unit located?
The property is located at 835 Spring Street Jeffersonville, IN.
What are key features of this property?
This property features: Suite 124 offers approximately 2,100 +/- square feet of first‑floor office space; 2018 construction in a three‑story, 73,673‑square‑foot building; Located at 835 Spring Street in Jeffersonville, IN 47130
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Includes: Price & PSF · Cap rate · Location · Zoning

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