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    756 Lewis And Clark Pkwy Clarksville, IN 47129

    Sponsored
    For Sale
    $1,100,000

    Prime QSR Outlot, High Traffic Area

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This 1.01-acre outlot in Clarksville, Indiana, presents a unique investment opportunity. Available for sale, ground lease, or build-to-suit, this property boasts exceptional visibility and accessibility. Situated on Lewis & Clark Parkway, a major thoroughfare with nearly 20,000 vehicles per day, the outlot benefits from a signalized light for convenient access. Its strategic location directly across from Green Tree Mall and near I-65 ensures high traffic volume and strong regional draw. The property includes exclusive pylon signage opportunities. Currently, a Rally's restaurant operates on a lease, demonstrating existing commercial viability. The outlot's adjacency to a brand new WellNow Urgent Care further enhances its appeal and potential for synergistic business development. This is an ideal location for a quick-service restaurant or similar business seeking high visibility and a strong customer base in a thriving Southern Indiana market. The asking price is $1,100,000. The address is 756 E Lewis And Clark Parkway, Clarksville, IN 47129.

    Property Features for 756 Lewis And Clark Pkwy

    General Information

    Property type
    Restaurants
    Lot Size
    43,996 SF

    HighLights

    • 1.01‑acre outlot available for sale, ground lease, or build‑to‑suit in Clarksville, IN.
    • Currently leased to Rally's restaurant.
    • Signalized access from Lewis & Clark Parkway, boasting over 19,000 vehicles per day (VPD).
    • High visibility location across from Green Tree Mall and near I‑65.
    • Adjacent to a new WellNow Urgent Care.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    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
    -85.763214594885
    Latitude
    38.313335913616

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    FAQs

    What type of property is this?
    Restaurant - Prime QSR Outlot, High Traffic Area
    Where is this restaurant located?
    The property is located at 756 Lewis And Clark Pkwy Clarksville, IN.
    What is the asking price?
    The asking price for this property is $1,100,000.
    What are key features of this property?
    This property features: 1.01-acre outlot available for sale, ground lease, or build-to-suit in Clarksville, IN.; Currently leased to Rally's restaurant.; Signalized access from Lewis & Clark Parkway, boasting over 19,000 vehicles per day (VPD).
    Request Owner's contact information
    756 Lewis And Clark Pkwy 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
    756 Lewis And Clark Pkwy Clarksville, IN 47129
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