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    Property profile & analytics

    1620 Leisure Way Clarksville, IN 47129-7748

    • Hotels
    • 48,359 SF
    • 2.23 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    May 11, 2023
    Location Intelligence
    Property ID
    US31-2313913
    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

    • Hotels

    Property Details for 1620 Leisure Way

    Year built
    2009
    Construction
    WOOD
    Lot size
    2.23 lot acres
    Property size
    48,359 SF
    Property type
    Hotels
    Property subtype
    Motels
    APN
    10-14-03-200-591.000-011
    APU
    101403200591000011

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Clarksville
    County
    Clark
    State
    Indiana
    Longitude
    -85.756
    Latitude
    38.3253
    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
    $136,578
    $612,400
    $3,940,200
    $4,552,600
    -
    $612,400
    $3,940,200
    $4,552,600

    Comparable in this City

    • Value Estimation by Request
      35,838 SF

      360 Eastern Blvd

      HOTEL/MOTEL • 35,838 SF
      360 Eastern Blvd, Jeffersonville, IN 47129-2803
      View Details
    • Value Estimation by Request
      12,846 SF

      4423 Hwy 31st E

      HOTEL/MOTEL • 12,846 SF
      4423 Hwy 31st E, Clarksville, IN 47129-9211
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    • Value Estimation by Request
      43,128 SF

      1811 Independence E Ct

      HOTEL/MOTEL • 43,128 SF
      1811 Independence E Ct, Clarksville, IN 47129-9203
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    • Value Estimation by Request
      60,976 SF

      1501 Broadway St

      HOTEL/MOTEL • 60,976 SF
      1501 Broadway St, Clarksville, IN 47129-7710
      View Details
    • Value Estimation by Request
      48,202 SF

      1425 Broadway St

      HOTEL/MOTEL • 48,202 SF
      1425 Broadway St, Clarksville, IN 47129-7709
      View Details
    • Value Estimation by Request
      9,920 SF

      1425 Broadway St

      HOTEL/MOTEL • 9,920 SF
      1425 Broadway St, Clarksville, IN 47129-7709
      View Details

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    Similar Nearby for Lease

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    • Contact for pricing
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      Retail Space Near Interstate I-65

      Retail spaces with high visibility and easy interstate access.
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    Clarksville, IN 47129-7748
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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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