Financial
Distress signals
Property profile

1315 Spring St Jeffersonville, IN 47130

FOR LEASE
Retail space
Property ID
US31-2394031
3,844 SF 0.5 ac lot Built 1981
Last sale May 2024 · $445,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This retail shopping center at 1315 Spring St in Jeffersonville, Indiana contains 6 retail units with 20 parking spaces. The individual units have tenant-paid utilities and are configured with front and rear exits plus dedicated bathrooms. The center is positioned directly across from Clark Memorial Hospital, with downtown Jeffersonville and nearby restaurants and shopping within the local commercial area. Roof, gutter, and soffit work was completed within approximately the prior two years, providing recent improvements to the building envelope.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$9k
Tax billed · 2023
Assessed value$301k
Assessed land$90k
Assessed improvement$211k
Effective rate2.94%

Value estimate

· Sep 2026
$445k
$401k – $490k
AI approach$445k
NOI build-up
Gross scheduled income$91k
Vacancy & credit loss−$14k
Operating expenses−$19k
NOI · 4,143.07% cap applied$58k

Realmo valuation models over county records and 7 qualifying comparable sales.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?
4,143.07%
$58k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionCLARK

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply15.4
Wholesale Shop14.3
Furniture Store13.1

Location

1315 Spring St Jeffersonville, IN 47130
County assessor Recorded deeds · 4 transfers 7 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
702 10th, Jeffersonville, IN 47130-3822 $175,000 Oct 2023 1,177 SF
3538 10th, Jeffersonville, IN 47130-9315 $2,133,000 Jul 2022 2,394 SF
1702 Allison, Jeffersonville, IN 47130-5807 $350,000 May 2021 1,680 SF
5201 Hwy 62, Jeffersonville, IN 47130-8709 $77,000 Dec 2018 10,380 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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