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Property profile & analytics
OFF-MARKET
Warehouses

1630 Broadway St Clarksville, IN 47129-7712

8,140 SF 0.53 ac lot Built 1996
Individually Owned 5-yr Hold Free & Clear
Property ID
US31-1574649
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Warehouses
Use group STORAGE YARD, OPEN STORAGE
Year built 1996
Construction TYPE NOT SPECIFIED
Total area 8,140 SF
Lot 0.53 ac (22,869 SF)
APN 10-14-03-200-519.000-011
UPID US31-1574649
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
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Clarksville Redev Auth · 5 yrs held
Clarksville Redev Auth
since 2020
1 recorded transaction
2020
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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