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    1003 Watt St Jeffersonville, IN 47130

    Sponsored
    For Sale
    $600,000

    Prime 0.75-acre retail site

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 0.75-acre commercial lot, located at the corner of 10th and Watt Streets in Jeffersonville, Indiana, presents a unique investment opportunity. Boasting prime visibility and frontage on 10th Street, this property is situated in a high-traffic corridor, less than 0.2 miles from Baptist Health Floyd and the I-65 interchange. The location within Jeffersonville's IRED TIF district and an urban enterprise zone offers significant tax advantages. The surrounding area is experiencing substantial growth, with numerous new retail, restaurant, hospitality, and multi-family projects recently completed or currently under construction. This lot is ideal for a net lease developer or an end-user seeking a high-visibility location. The property is zoned for commercial use and offers the potential for a single-user retail pad or a small retail strip. The asking price is $600,000, representing a price per acre of $800,000. The property is offered fee simple. This is a rare opportunity to acquire a strategically located commercial lot in a thriving area of Jeffersonville. The property is easily accessible and benefits from excellent visibility and proximity to major transportation routes and amenities. Consider the potential for significant return on investment in this dynamic market. Serious inquiries are encouraged.

    Property Features for 1003 Watt St

    General Information

    Property type
    Land
    Lot Size
    32,670 SF

    HighLights

    • Ideal for net lease developers or end‑users.
    • Corner lot with high visibility on 10th Street in a high‑traffic area.
    • Less than 0.2 miles from Baptist Health Floyd and I‑65 interchange.
    • Located in Jeffersonville's IRED TIF district and an urban enterprise zone.
    • Surrounded by significant new commercial development.
    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 Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Jeffersonville
    County
    Clark
    State
    Indiana
    Longitude
    -85.7416018
    Latitude
    38.2817272

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    FAQs

    What type of property is this?
    Land - Prime 0.75-acre retail site
    Where is this land located?
    The property is located at 1003 Watt St Jeffersonville, IN.
    What is the asking price?
    The asking price for this property is $600,000.
    What are key features of this property?
    This property features: Ideal for net lease developers or end-users.; Corner lot with high visibility on 10th Street in a high-traffic area.; Less than 0.2 miles from Baptist Health Floyd and I-65 interchange.
    Request Owner's contact information
    1003 Watt St Jeffersonville, IN 47130
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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
    1003 Watt St Jeffersonville, IN 47130
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