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Property profile & analytics

516 Lewis & Clark Pkwy Clarksville, IN 47129

  • Investment properties
  • 1.82 lot acres
Value Estimations
Cap Rate Potential
Location Intelligence

Current Use by Public Records

  • Investment properties

Property Details for 516 Lewis & Clark Pkwy

Year built
1984
Lot size
1.82 lot acres
Property type
Investment properties

Description

This exceptional business opportunity is situated at 516 E Lewis & Clark Parkway in Clarksville, Indiana, boasting a highly visible location just off I-65 Exit #4. The property features over 150 feet of frontage on Lewis & Clark Parkway, providing excellent exposure to a high volume of traffic. A significant advantage is the availability of over 120 parking spaces, ensuring ample accommodation for clients and employees. The building previously housed Bizer Eye Clinic and more recently, Planet Fitness, which relocated to a larger space in September 2022. Currently, one private office space is immediately available for lease. Adding to the property's appeal is a recently signed two-year lease with a home health care agency, providing a stable income stream. The property sits on a sizable 1.82-acre lot, offering potential for future expansion or development. This is a rare opportunity to acquire a well-located commercial property with significant existing infrastructure and immediate income potential in a thriving area. The high visibility and ample parking make this an ideal location for a variety of businesses. Serious inquiries are encouraged. The asking price is $14 million.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

  • CAP approach

  • Comparable approach

  • Alternative Use


Location Insight

  • Map
  • Local Demand
City
Clarksville
County
Clark
State
Indiana
Longitude
-85.766
Latitude
38.3112
More about this property
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