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Property profile & analytics
OFF-MARKET
Assisted living facilities

1720 8th St Jeffersonville, IN 47130-4659

9,954 SF 0.57 ac lot Built 1969
Individually Owned Absentee Owner Free & Clear
Property ID
US31-2133751
Property summary
AI-generated overview

This exceptional 9,954-square-foot medical office building in Clark County, Indiana, presents a unique investment opportunity. The property, located at 1720 E 8th Street, is zoned for institutional use (APN: 101900300550000010) and is currently vacant. Previously operating as a nursing home and assisted living facility, the building boasts a versatile layout ideal for a variety of medical uses. The interior includes a large dining/dayroom, a rehabilitation room, a kitchen, administrative offices, a nurses' station, a laundry room, four bathrooms, and eighteen patient rooms, in addition to several smaller rooms (detailed floor plans available upon request). The building's adaptable design allows for customization to suit specific medical practice needs. Its convenient location offers easy access to shopping, public transportation, and the vibrant downtown areas of both Jeffersonville and Louisville, Kentucky. The property is available for sale, and also available for lease at a rate of $10 per square foot, NNN. This presents a compelling opportunity for medical professionals seeking a well-appointed space in a desirable location. Serious inquiries are encouraged to explore this exceptional property further.

Property profile
Verified
Property type Assisted living facilities
Use group HOMES (RETIRED, NURSING)
Year built 1969
Construction WOOD
Total area 9,954 SF
Lot 0.57 ac (25,003 SF)
APN 10-19-00-300-550.000-010
UPID US31-2133751
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
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Comparable Approach Comparable
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Owner & transaction history
JAY SHETH
JAY SHETH
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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