1200 Madison St, Clarksville, IN 47129
For Lease
1 / 4
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".
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.