1315 Spg Hl Ctr Jeffersonville, IN 47130
This prime six-unit retail center in Jeffersonville, Indiana, presents a compelling investment opportunity. Strategically located across from Clark Memorial Hospital, this property boasts excellent visibility and high traffic counts. The 0.5-acre site includes 20 parking spaces and currently houses six tenants, three of which are occupied by Smoker's Outlet, Spring Golden Spa, and a nail salon. Three units are currently vacant, offering significant potential for increased rental income or customized tenant improvements. Recent upgrades include a roof, gutter, and soffit replacement within the last two years. Each unit features separate tenant-paid utilities, front and rear exits, and its own bathroom. The property benefits from its proximity to bustling downtown Jeffersonville, numerous restaurants, and shopping centers, ensuring a strong tenant base and high demand. This location offers easy access to major roadways and enjoys exceptional visibility, making it an ideal investment for those seeking a strong return on investment in a thriving commercial area. The property's current occupancy and the potential for future growth make this a rare opportunity in a highly desirable Jeffersonville location. The combination of existing tenants and vacant units provides flexibility for investors to maximize their return.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.