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Property profile

10th St & Spg St Jeffersonville, IN 47130

OFF-MARKET
Retail properties & Spaces
1.17 ac lot
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Property summary

AI-generated overview

This exceptional commercial land offering presents a unique investment opportunity within the thriving Jeffersonville Gateway development in Clark County, Indiana. Two parcels are available: a 7.25-acre tract ideal for large-scale retail, hotel, or office projects, and a smaller 1.17-acre outlot perfectly situated next to a Starbucks, boasting high visibility from I-65. Both parcels are zoned C-1 and benefit from a prime location at the intersection of 10th and Spring Streets, directly adjacent to Interstate 65. A signalized traffic light is already in place at this intersection, with another planned for 9th and Spring Streets. The development enjoys exceptional visibility and access to iconic signage, including a large pylon sign and monument sign for tenant branding. This strategic location offers proximity to Downtown Louisville, Kentucky, and serves as a gateway to Downtown Jeffersonville, which has undergone significant revitalization with new restaurants, parks, and housing. The development also benefits from its close proximity to Norton Clark Hospital, a major regional hospital serving over 82,000 patients annually, ensuring a substantial and consistent customer base. The asking price for the entire offering is $3,000,000. The property's APN is 10-19-00-103-814.000-010. Join established businesses like McDonald's and Jimmy John's, and the soon-to-open Wingstop, in this dynamic and rapidly growing area. This is an unparalleled chance to capitalize on the significant growth and potential of Jeffersonville, Indiana.

Property profile

Verified
Property type Retail properties & Spaces
Lot 1.17 ac (50,965 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

10th St & Spg St Jeffersonville, IN 47130
Jeffersonville metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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