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    FOR SALE
    Retail space

    1430 Cedar St, Clarksville, IN 47129

    20,316 SF 0.87 ac lot Built 1978
    Entity Owned 3-yr Hold Free & Clear
    Property ID
    US31-1114964
    Property summary
    AI-generated overview

    This exceptional commercial property, located at 1430 Cedar Street in Clarksville, Indiana, presents a significant investment opportunity. Situated on a 0.87-acre lot, this 20,316 square foot building boasts a prime location just off I-65 at Lewis & Clark Parkway, ensuring high visibility and accessibility. The property is ideally positioned next to established businesses such as Golden Coral and Bob Evans restaurants, benefiting from significant foot traffic and convenient access to a variety of amenities. The surrounding area is characterized by a thriving mix of shopping, dining, and retail establishments, further enhancing its appeal. A hotel is also located nearby. The building itself is a former fitness facility, featuring exceptionally high ceilings and a spacious, open floor plan. Two fully tiled locker rooms, each equipped with showers and a sauna, are included, along with a built-in coffee/juice bar. Ample paved parking is available, accommodating at least 65 vehicles. This property is priced at $849,000, representing a significant discount from its appraised value of $1.45 million. Its strategic location, substantial size, and versatile layout make it an ideal investment for a variety of commercial uses. Schedule a viewing today to explore the potential of this remarkable opportunity.

    Property profile
    Verified
    Property type Retail space
    Use group RETAIL STORES (PERSONAL SERVICES)
    Year built 1978
    Construction WOOD
    Total area 20,316 SF
    Lot 0.87 ac (38,080 SF)
    APN 10-24-03-200-124.000-013
    UPID US31-1114964
    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
    $630k
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $622k
    Blend (final) Blend
    $625k
    Owner & transaction history
    Top Dogg LLC · 3 yrs held
    Top Dogg LLC
    since 2022
    1 recorded transaction
    2022
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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