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    1626 Spring St Jeffersonville, IN 47130

    • Retail space
    • 1,620 SF
    • 0.58 lot acres
    For Sale
    View listing
    $1,500,000
    Value Estimation
    Last Sale
    Nov 14, 2022
    $41,414
    Location Intelligence
    Property ID
    US31-0190612
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Nu Look Barber & Styling Shop / Barber Shop

    Property Details for 1626 Spring St

    Year built
    1998
    Construction
    TYPE NOT SPECIFIED
    Lot size
    0.58 lot acres
    Property size
    1,620 SF
    Property type
    Retail space
    APN
    10-20-00-800-336.000-010
    APU
    102000800336000010

    Description

    This exceptional 1,620 square foot commercial property, located at 1626 Spring Street in Jeffersonville, Indiana, presents a unique investment opportunity within the burgeoning Claysburg revitalization project. Currently operating as a barber shop, this building boasts a rich history, having previously served as a Sonic Drive-In. Its strategic location places it at the heart of significant upcoming developments, promising substantial future growth and increased property value. The 0.58-acre lot offers ample space for potential expansion or outdoor amenities. The property's versatile layout and prime location make it ideal for a variety of commercial uses, catering to the evolving needs of the revitalized Claysburg neighborhood. This is a chance to capitalize on the significant investment and development occurring in this area, securing a foothold in a rapidly transforming commercial landscape. The property is priced at $1,500,000 and offers significant potential for return on investment given the planned improvements and increased foot traffic anticipated in the Claysburg area. Detailed plans for the Claysburg neighborhood revitalization are available online. This is a rare opportunity to acquire a well-positioned commercial property in a high-growth area.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $55,000

    • CAP approach

      CAP return
      Estimation
      6%
      $45,000
      6.5%
      $50,000
      7%
      $50,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $50,000
      Geo Method
      $40,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $50,000
      Retail
      $45,000
      Mixed-Use
      $45,000
      Hospitality
      $45,000
      Educational
      $50,000
      Residential Income
      $45,000
      Energy
      $45,000
      Income-Based Land
      $45,000
      Food Service
      $50,000

    Location Insight

    • Map
    • Local Demand
    City
    Jeffersonville
    County
    Clark
    State
    Indiana
    Longitude
    -85.7488
    Latitude
    38.2877
    CBSA code
    31140
    CBSA name
    LOUISVILLE-JEFFERSON COUNTY, KY-IN METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $3,007
    $41,400
    $60,800
    $102,200
    -
    $41,400
    $60,800
    $102,200

    Comparable in this City

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      1,144 SF

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    • Value Estimation by Request
      14,695 SF

      3001 10th St

      RETAIL STORES (PERSONAL SERVICES) • 14,695 SF
      3001 10th St, Jeffersonville, IN 47130-5901
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    • Value Estimation
      $335,000
      1,816 SF

      1602 Spg St

      RETAIL STORES (PERSONAL SERVICES) • 1,816 SF
      1602 Spg St, Jeffersonville, IN 47130-2942
      View Details
    • Value Estimation
      $290,000
      1,782 SF

      326 Spg St

      RETAIL STORES (PERSONAL SERVICES) • 1,782 SF
      326 Spg St, Jeffersonville, IN 47130-3450
      View Details
    • Value Estimation
      $295,000
      4,000 SF

      3010 Middle Rd

      RETAIL STORES (PERSONAL SERVICES) • 4,000 SF
      3010 Middle Rd, Jeffersonville, IN 47130-5549
      View Details
    • Value Estimation
      $395,000
      9,250 SF

      202 Ash St

      RETAIL STORES (PERSONAL SERVICES) • 9,250 SF
      202 Ash St, Jeffersonville, IN 47130-9408
      View Details

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    Similar Nearby for Lease

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    1626 Spring St
    Jeffersonville, IN 47130
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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