1630 Broadway St Clarksville, IN 47129-7712
This exceptional 16,000-square-foot executive office building in Clarksville, Indiana, presents a compelling investment opportunity. Situated on a two-acre lot, this Class C property boasts ample parking and potential for expansion. Built in 1958, the two-story building features a versatile layout including a reception area, first-floor conference room, large open workspace, and a substantial second-floor training room. Additional features include a significant second-floor storage area (not included in the finished square footage), 41 individual offices, and eight restrooms. The property's convenient location offers easy access to I-65, Exit 4 and 5. The property is zoned VPCZ (Veteran's Parkway Corridor Zone). The asking price is $900,000, translating to $56.25 per square foot. An additional 2.692 acres of land fronting Leisure Way is available for purchase, increasing the total property size and price to $2,000,000. Detailed floor plans are available upon request. This property is ideal for a variety of business uses and offers significant potential for growth and return on investment. The APN is 101403200554000011.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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