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    1415 Old Salem Rd Jeffersonville, IN 47130

    For Sale
    $1,000,000

    Prime 4.62-acre commercial lot near River Ridge.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional 4.62-acre commercial land parcel, located at 1415 Old Salem Rd, Jeffersonville, IN 47130, presents a unique investment opportunity. Situated directly across from the entrance to the River Ridge Commerce Center, this property boasts excellent visibility and accessibility. The River Ridge Commerce Center, a massive 6,000-acre site, recently announced an $800 million META project, signifying significant ongoing development and growth in the area. This prime location offers unparalleled potential for various commercial ventures, including retail or hospitality establishments. The property's convenient location is just one exit away from the East End Bridge leading to Louisville, KY, further enhancing its appeal and accessibility. The property is zoned for commercial use and features a lot size of 4.62 acres. The parcel number is 10-41-01-600-256.000-037. This strategic location, coupled with the ongoing expansion of the River Ridge Commerce Center, makes this a compelling investment opportunity with substantial long-term growth potential. The asking price for this exceptional property is $1,000,000. Further details regarding the adjacent parcel number 10-41-01-600-013.000-037 are available upon request.

    Property Features for 1415 Old Salem Rd

    General Information

    Property type
    Land
    Lot Size
    201,247 SF

    HighLights

    • 4.62‑acre commercial land parcel in Jeffersonville, IN.
    • High visibility location directly across from the River Ridge Commerce Center entrance.
    • Excellent access, one exit from the East End Bridge to Louisville, KY.
    • Zoned for commercial use; parcel number 10‑41‑01‑600‑256.000‑037.
    • $1,000,000 asking price.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Clothing Store Food Market Grocery Store Cafe & Coffee Shop Daycare Center Computer & Electronic Repair Tech Support Center Farmer's Market

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

    Location Insight

    • Map
    • Local Demand
    City
    Jeffersonville
    County
    Clark
    State
    Indiana
    Longitude
    -85.6665043
    Latitude
    38.3448186

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    FAQs

    What type of property is this?
    Land - Prime 4.62-acre commercial lot near River Ridge.
    Where is this land located?
    The property is located at 1415 Old Salem Rd Jeffersonville, 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: 4.62-acre commercial land parcel in Jeffersonville, IN.; High visibility location directly across from the River Ridge Commerce Center entrance.; Excellent access, one exit from the East End Bridge to Louisville, KY.
    Request Owner's contact information
    1415 Old Salem Rd 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
    1415 Old Salem Rd Jeffersonville, IN 47130
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