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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

1315 Spg Hl Ctr Jeffersonville, IN 47130

0.5 ac lot Built 1981
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1981
Lot 0.5 ac (21,780 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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