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    FOR LEASE
    Office Spaces

    1200 Madison St, Clarksville, IN 47129

    24,128 SF 1.76 ac lot Built 1993
    Entity Owned Absentee Owner Free & Clear
    Property ID
    US31-2224195
    Property summary
    AI-generated overview

    This single-story, 11,526-square-foot Class B office building at 1200 Madison Street in Clarksville, Indiana, offers flexible space ideal for various uses. Currently, the entire 11,526 square feet is available for lease, divisible into two suites: one of 5,326 square feet and another of 6,200 square feet (which can be combined). The property, built in 1993, features a new roof and new pavement, and is situated on a convenient location between Veterans Parkway and Lewis/Clark Parkway, providing easy access to I-65 and downtown Louisville. The building boasts all-brick construction and two entry points. Zoned B2, this property is suitable for medical, coworking, executive, creative, or traditional office tenants. The property features a total of two suites. The minimum leasable space is 5,326 square feet, while the maximum contiguous space is 11,526 square feet. The building's APN is 10-24-03-200-092.000-013. Landlord is responsible for roof maintenance. Price is "as-is".

    Property profile
    Verified
    Property type Office Spaces
    Use group OFFICE (GENERAL)
    Year built 1993
    Construction WOOD
    Total area 24,128 SF
    Lot 1.76 ac (76,560 SF)
    APN 10-24-03-200-092.000-013
    UPID US31-2224195
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $1.54M
    Blend (final) Blend
    $1.76M
    Owner & transaction history
    JVB INVESTMENTS
    JVB INVESTMENTS
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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