1035 Wall StJeffersonville, IN 47130

Property Details for 1035 Wall St

Year built

1979

Construction

WOOD

Property size (Sq ft)

1,536 SF

Property type

Medical offices

Property subtype

Medical centers

APN

10-19-00-103-508.000-010

APU

101900103508000010

Description

This exceptional two-story medical office building, totaling 22,000 square feet, presents a unique investment opportunity in the thriving Jeffersonville, Indiana market. Constructed in 2000 and extensively renovated in 2024, the property boasts 13 suites, offering flexible space options ranging from a minimum of 1,400 square feet to a maximum contiguous space of 3,000 square feet. The building sits on a 3-acre lot and provides ample parking with 50 spaces for staff and patients. The convenient location on Wall Street, adjacent to Clark Memorial Hospital, ensures high visibility and accessibility. Each suite features an 8-foot ceiling height, and the building is serviced by electric power. The multiple tenancy structure allows for diverse occupancy and potential for strong rental income. This property is ideal for medical practices seeking a modern, well-maintained space in a high-demand location. The building's recent renovation ensures modern amenities and efficient operations. With its prime location and flexible space options, this property represents a compelling investment opportunity in the growing healthcare sector of Jeffersonville.

• CAP approach

  CAP return

  Valuation

  6%

  $243,924

  6.5%

  $225,160

  7%

  $209,078

• Comparable approach

  Method

  Valuation

  Relative Method

  $132,219

  Geo Method

  $132,219

• Alternative Use

  Use

  Valuation

  Residential

  $279,199

  Hospitality

  $255,745

  Educational

  $212,777

  Medical

  $220,094

  Retail

  $330,986

Location Insight

City

Jeffersonville

County

Clark

State

Indiana

Latitude

38.2809

Longitude

-85.7463

CBSA code

31140

CBSA name

LOUISVILLE-JEFFERSON COUNTY, KY-IN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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