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    301 Court Ave Jeffersonville, IN 47130

    Sponsored
    For Sale
    $825,000

    Prime Location, Vacant, 3,048 SF

    Property size:
    3,048 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This vacant 3,048 square foot QSR/restaurant building presents an exceptional redevelopment opportunity in Jeffersonville, Indiana. Located at 301 W Court Ave, this fee simple property (land and building) sits on a 0.75-acre lot and boasts 75 parking spaces. Built in 1989, the building is zoned Commercial Highway (CH), offering excellent visibility and accessibility. The property benefits from a hard corner intersection and proximity to major interstate highways, ensuring high traffic volume. The drive-thru is already in place, adding significant potential for quick-service restaurants. This location is situated in a dense residential area and is conveniently close to the Water Tower Square (a 400,000+ square foot development) and downtown Louisville, Kentucky. The asking price is $825,000, translating to $270.67 per square foot. Strong demographics within a 5-mile radius provide a substantial consumer base. The property's APN is 10-19-00-100-555.000-010 & 10-19-00-100-554.000-010. This is a tremendous value in a high-demand area. Don't miss this chance to capitalize on this prime commercial real estate.

    Property Features for 301 Court Ave

    General Information

    Property type
    Restaurants
    Square Feet
    3,048 SF
    Lot Size
    32,670 SF

    Building Details

    Year Built
    1989

    HighLights

    • $825,000 asking price for this 3,048 SF vacant retail building.
    • Located at a hard corner intersection with Commercial Highway (CH) zoning, offering excellent redevelopment potential.
    • Features a drive‑thru, ample 75‑space parking lot, and sits on a 0.75‑acre lot.
    • Strong demographics within a 5‑mile radius, situated near major interstates and the 400,000+ SF Water Tower Square, close to downtown Louisville.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Jeffersonville
    County
    Clark
    State
    Indiana
    Longitude
    -85.7448543
    Latitude
    38.2725971

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    FAQs

    What type of property is this?
    Restaurant - Prime Location, Vacant, 3,048 SF
    Where is this restaurant located?
    The property is located at 301 Court Ave Jeffersonville, IN.
    What is the asking price?
    The asking price for this property is $825,000.
    What are key features of this property?
    This property features: $825,000 asking price for this 3,048 SF vacant retail building.; Located at a hard corner intersection with Commercial Highway (CH) zoning, offering excellent redevelopment potential.; Features a drive-thru, ample 75-space parking lot, and sits on a 0.75-acre lot.
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    301 Court Ave Jeffersonville, IN 47130
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    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
    301 Court Ave Jeffersonville, IN 47130
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