1600 Veterans Pkwy Jeffersonville, IN 47130-7161
Property profile & analytics
1600 Veterans Pkwy Jeffersonville, IN 47130-7161
- Outlet malls
- 63,825 SF
- 5.22 lot acres
Property ID
US31-3013478
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.
Location Intelligence
Current Use by Public Records
- Chipotle / Restaurant / Take-out & Catering
- Academy Sports + Outdoors / (Bike/Boat/Book/etc) Store
Property Details for 1600 Veterans Pkwy
- Year built
- 2022
- Construction
- TYPE NOT SPECIFIED
- Lot size
- 5.22 lot acres
- Property size
- 63,825 SF
- Property type
- Outlet malls
- Property subtype
- Shopping centers
- APN
- 10-21-03-300-743.000-009
- APU
- 102103300743000009
Description
This exceptional investment opportunity presents a fee-simple interest in a 63,281 square foot Academy Sports + Outdoors, located at 1600 Veterans Pkwy, Jeffersonville, IN 47130 (Louisville MSA). The property boasts a 13-year corporate-guaranteed lease with three 5-year renewal options, featuring annual rent bumps of $0.50 per square foot every five years. The single-tenant, 100% occupied building, constructed in 2022, sits on a 5.22-acre lot and includes 329 parking spaces. The property's strong financials include a $11,926,000 asking price, a 6.50% cap rate, and a net operating income (NOI) of $775,192. The Planned Development (PD) zoning ensures flexibility. The strategic location at a signalized intersection of Veterans Parkway and Hamburg Pike, with proximity to I-65 and I-265, provides excellent visibility and accessibility. The property benefits from its adjacency to Jeffersonville Town Center and other major retail centers, drawing from a robust 5-mile trade area with over 135,900 residents and 110,100 daytime employees, boasting an average household income of $77,468. This presents a low-management, high-return investment with a well-established national tenant and significant growth potential. The land value is $12.25 per square foot. The property features one building, one story, and the APN is 10-21-03-300-743.000-009.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Jeffersonville
- County
- Clark
- State
- Indiana
- Longitude
- -85.7462
- Latitude
- 38.3264
- 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
$102,977
$208,900
$3,463,700
$3,672,600
-
$208,900
$3,463,700
$3,672,600
