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Property profile & analytics
OFF-MARKET
Land

515 Marriott Dr Clarksville, IN 47129

10.72 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 10.72-acre parcel presents a rare opportunity for development in the thriving town of Clarksville, Indiana. Located at 515 Marriott Dr, this property boasts R-3 zoning, allowing for a variety of commercial and residential uses, including multi-family dwellings. This is one of the last remaining planned vacant lots in Clarksville zoned for multi-family construction, making it a highly desirable investment. The expansive lot size offers significant potential for a large-scale project, catering to the growing demand for housing and commercial spaces in the area. Situated in Clark County, Indiana, the property benefits from its proximity to Louisville, Kentucky, across the Ohio River, providing easy access to a larger metropolitan area and its amenities. Clarksville itself offers a blend of historic charm and modern conveniences, including well-maintained parks and recreational facilities. The town's steady economic growth and proactive economic development initiatives create a favorable environment for investment and development. This prime location and versatile zoning make this property an exceptional opportunity for developers seeking to capitalize on the vibrant Clarksville market. The property's address is 515 Marriott Dr, Clarksville, IN 47129. Detailed zoning information is available upon request. Don't miss this chance to acquire a significant piece of land in a rapidly growing community.

Property profile
Verified
Property type Land
Lot 10.72 ac (466,963 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
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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