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    1630 Broadway St Clarksville, IN 47129

    Sponsored
    For Sale
    $900,000

    Prime Clarksville Office, 16,000 SF

    Property size:
    16,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 16,000-square-foot executive office building in Clarksville, Indiana, presents a compelling investment opportunity. Situated on a two-acre lot, this Class C property boasts ample parking and potential for expansion. Built in 1958, the two-story building features a versatile layout including a reception area, first-floor conference room, large open workspace, and a substantial second-floor training room. Additional features include a significant second-floor storage area (not included in the finished square footage), 41 individual offices, and eight restrooms. The property's convenient location offers easy access to I-65, Exit 4 and 5. The property is zoned VPCZ (Veteran's Parkway Corridor Zone). The asking price is $900,000, translating to $56.25 per square foot. An additional 2.692 acres of land fronting Leisure Way is available for purchase, increasing the total property size and price to $2,000,000. Detailed floor plans are available upon request. This property is ideal for a variety of business uses and offers significant potential for growth and return on investment. The APN is 101403200554000011.

    Property Features for 1630 Broadway St

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    16,000 SF
    Class
    C
    Lot Size
    87,120 SF

    Building Details

    Year Built
    1958
    Buildings
    1
    Stories
    2

    HighLights

    • $900,000 asking price for a 16,000 square foot Class C office building.
    • Located at 1630 Broadway St, Clarksville, IN 47129.
    • Features 41 offices, 8 restrooms, a conference room, and a large training room.
    • Situated on a 2‑acre lot with ample parking, near I‑65 Exit 4 and 5.
    • Built in 1958, this two‑story building is zoned VPCZ (Veteran's Parkway Corridor Zone).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Clarksville
    County
    Clark
    State
    Indiana
    Longitude
    -85.7590945
    Latitude
    38.3250858

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Clarksville Office, 16,000 SF
    Where is this office property / space located?
    The property is located at 1630 Broadway St Clarksville, IN.
    What is the asking price?
    The asking price for this property is $900,000.
    What are key features of this property?
    This property features: $900,000 asking price for a 16,000 square foot Class C office building.; Located at 1630 Broadway St, Clarksville, IN 47129.; Features 41 offices, 8 restrooms, a conference room, and a large training room.
    Request Owner's contact information
    1630 Broadway St Clarksville, IN 47129
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    Clarksville, IN 47129
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1630 Broadway St Clarksville, IN 47129
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