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Property profile & analytics
OFF-MARKET
Turn key restaurants

1440 Vaxter Ave Clarksville, IN 47129-7721

6,810 SF 1.31 ac lot Built 1994
Entity Owned Free & Clear
Property ID
US31-1447642
Property summary
AI-generated overview

This 6,810+-square-foot restaurant building, formerly O'Charley's, is situated on a 1.31-acre lot with 215 feet of road frontage on both Vaxter Avenue and Cedar Street in Clarksville, Indiana. The property boasts excellent visibility and proximity to high-traffic retailers like Green Tree Mall and Bass Pro Shops. The building features a wood and concrete block frame with brick veneer siding, a spacious interior with segmented dining areas, a bar area, restrooms, and a commercial-grade kitchen equipped with a cooler and freezer. The interior also includes fluorescent and incandescent lighting and 9-10-foot ceilings. Exterior features include a large 38,890-square-foot asphalt parking lot with 113 spaces, a pole sign visible from I-65 and Lewis & Clark Parkway (with a 2015 traffic count of 28,500 vehicles per day), and an additional pylon sign facing Vaxter Avenue. Mechanical systems include roof-mounted natural gas furnaces with condensers, a 1,200-amp main breaker, two restrooms with eleven fixtures, and a wet sprinkler system. The kitchen and bar areas have multiple sinks, floor drains, and other plumbing fixtures. A security alarm is also in place. A three-way liquor license is available to the new owner. Formerly leased for $9,473 per month NNN. Clark County's population exceeds 118,000 and is steadily growing, making this a strong investment opportunity. Some building updates may be necessary.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1994
Construction TYPE NOT SPECIFIED
Total area 6,810 SF
Lot 1.31 ac (57,120 SF)
APN 10-24-03-200-136.000-013
UPID US31-1447642
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
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Roman Berganza LLC
Roman Berganza LLC
since 2025
2 recorded transactions
2025
Price N/A
2022
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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