1003 Watt St Jeffersonville, IN 47130

Property Details for 1003 Watt St

Lot size

0.75 lot acres

Property type

Commercial real estate

Description

This exceptional 0.75-acre commercial lot, located at the corner of 10th and Watt Streets in Jeffersonville, Indiana, presents a unique investment opportunity. Boasting prime visibility and frontage on 10th Street, this property is situated in a high-traffic corridor, less than 0.2 miles from Baptist Health Floyd and the I-65 interchange. The location within Jeffersonville's IRED TIF district and an urban enterprise zone offers significant tax advantages. The surrounding area is experiencing substantial growth, with numerous new retail, restaurant, hospitality, and multi-family projects recently completed or currently under construction. This lot is ideal for a net lease developer or an end-user seeking a high-visibility location. The property is zoned for commercial use and offers the potential for a single-user retail pad or a small retail strip. The asking price is $600,000, representing a price per acre of $800,000. The property is offered fee simple. This is a rare opportunity to acquire a strategically located commercial lot in a thriving area of Jeffersonville. The property is easily accessible and benefits from excellent visibility and proximity to major transportation routes and amenities. Consider the potential for significant return on investment in this dynamic market. Serious inquiries are encouraged.