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    2.346 Acre Clarksville Site Clarksville, IN 47129

    Sponsored
    For Sale
    $1,000,000

    Prime 2.35-acre Indiana hotel site.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 2.35-acre site, located in Clarksville, Indiana (Hamilton County, zip code 47129), presents a remarkable opportunity for hospitality development. Zoned for Veterans Parkway Corridor use, this property boasts a strategic location just off Veterans Parkway and Exit 5 of I-65, offering convenient access to I-65 bridges to downtown Louisville, KY (approximately 5 miles north). The site's proximity to Lowe's, existing hotels, restaurants, and retail establishments ensures high visibility and strong potential for success. The property's APN is 10-14-03-200-554.000-011. This parcel is currently half of a larger 4.692-acre site, with the option to purchase the entire site for $2,000,000. The property's versatility allows for a range of development possibilities, including hotels, restaurants, retail spaces, or multi-family residential projects. This is an ideal location for investors seeking high-impact development in a thriving area. The asking price for this 2.35-acre parcel is $1,000,000. Additional information regarding the combined 4.692-acre site is available upon request. Latitude and longitude coordinates are available for precise location identification. The address is listed as 2.346 Acre Clarksville Site. A secondary address is listed as Leisure Way, Clarksville, IN 47129.

    Property Features for 0 2.346 Acre Clarksville Site

    General Information

    Property type
    Hotels
    Lot Size
    102,366 SF

    HighLights

    • 2.35‑acre site in Clarksville, IN (Hamilton County, 47129), zoned for Veterans Parkway Corridor use.
    • Prime location off Veterans Parkway & I‑65 Exit 5, near I‑65 bridges to Louisville, KY.
    • High visibility, adjacent to Lowe's, hotels, restaurants, and retail.
    • APN: 10‑14‑03‑200‑554.000‑011; Asking price: $1,000,000.
    • Option to purchase adjacent parcel for a total of 4.69 acres for $2,000,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Hotels

    Map

    City
    Clarksville
    County
    Hamilton
    State
    Indiana
    Longitude
    -85.7717907
    Latitude
    38.3090632

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    FAQs

    What type of property is this?
    Hotel - Prime 2.35-acre Indiana hotel site.
    Where is this hotel located?
    The property is located at 2.346 Acre Clarksville Site Clarksville, IN.
    What is the asking price?
    The asking price for this property is $1,000,000.
    What are key features of this property?
    This property features: 2.35-acre site in Clarksville, IN (Hamilton County, 47129), zoned for Veterans Parkway Corridor use.; Prime location off Veterans Parkway & I-65 Exit 5, near I-65 bridges to Louisville, KY.; High visibility, adjacent to Lowe's, hotels, restaurants, and retail.
    Request Owner's contact information
    2.346 Acre Clarksville Site 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
    2.346 Acre Clarksville Site Clarksville, IN 47129
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