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Property profile & analytics
OFF-MARKET
Commercial real estate

128 Bell Ave Clarksville, IN 47129-1850

5,520 SF 0.51 ac lot Built 2005
Individually Owned Absentee Owner Free & Clear
Property ID
US31-2091121
Property summary
AI-generated overview

This exceptional commercial property at 128 E Bell Avenue in Clarksville, Indiana, presents a unique investment opportunity. The building offers approximately 5520 square feet of open space and offices, with a notable feature: a fully equipped theater/stage area. Currently used as a dance studio, this adaptable space is primed for a variety of uses. Imagine the possibilities – a thriving performance venue, a creative workspace, or a unique retail experience. The building's layout allows for flexibility, catering to diverse business needs. The seller estimates the total square footage to be closer to 6800 square feet, with the possibility of a second-floor loft area. However, potential buyers are encouraged to verify the exact square footage independently. This property boasts a prime location, close to shops, retail establishments, and residential areas, ensuring high visibility and accessibility. Its proximity to a Southern Indiana bike-walking trail stop further enhances its appeal, providing convenient access for residents of Jeffersonville, Clarksville, and New Albany. The property is zoned B2, offering a range of permitted commercial uses. The motivated seller is open to considering a sale/leaseback arrangement, making this an even more attractive proposition. Don't miss this chance to acquire a versatile and well-situated commercial property with significant upside potential.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 2005
Construction WOOD
Total area 5,520 SF
Lot 0.51 ac (22,198 SF)
APN 10-14-01-800-633.000-012
UPID US31-2091121
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
DANIEL V ENDRIS · 1 yrs held
DANIEL V ENDRIS
since 2025
1 recorded transaction
2025
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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