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    Property profile & analytics

    1430 Cedar St Clarksville, IN 47129

    • Retail space
    • 20,316 SF
    • 0.87 lot acres
    For Sale
    View listing
    $849,000
    Value Estimation
    Last Sale
    Nov 10, 2022
    Location Intelligence
    Property ID
    US31-1114964
    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

    • Retail space

    Property Details for 1430 Cedar St

    Year built
    1978
    Construction
    WOOD
    Lot size
    0.87 lot acres
    Property size
    20,316 SF
    Property type
    Retail space
    APN
    10-24-03-200-124.000-013
    APU
    102403200124000013

    Description

    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.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $630,000

    • CAP approach

      CAP return
      Estimation
      6%
      $840,000
      6.5%
      $835,000
      7%
      $810,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $750,000
      Geo Method
      $825,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $700,000
      Retail
      $920,000
      Mixed-Use
      $765,000
      Hospitality
      $830,000
      Educational
      $765,000
      Residential Income
      $760,000
      Energy
      $770,000
      Income-Based Land
      $860,000
      Food Service
      $790,000

    Location Insight

    • Map
    • Local Demand
    City
    Clarksville
    County
    Clark
    State
    Indiana
    Longitude
    -85.7563
    Latitude
    38.3194
    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
    $22,959
    $504,000
    $261,300
    $765,300
    -
    $504,000
    $261,300
    $765,300

    Comparable in this City

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      1413 Progress Way, Unit 1421

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    • Value Estimation
      $1,965,000
      2,619 SF

      1219 Veterans Pkwy

      RETAIL STORES (PERSONAL SERVICES) • 2,619 SF
      1219 Veterans Pkwy, Clarksville, IN 47129-2400
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    • Value Estimation
      $440,000
      7,500 SF

      128 Bell Ave

      RETAIL STORES (PERSONAL SERVICES) • 7,500 SF
      128 Bell Ave, Clarksville, IN 47129-1859
      View Details

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    Similar Nearby for Lease

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    1430 Cedar St
    Clarksville, IN 47129
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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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