1818 Wesley Ct Jeffersonville, IN 47130
For Sale
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This exceptional Jeffersonville, IN commercial property presents a unique investment opportunity. Situated on a combined 0.87-acre lot (parcels 10-20-00-304-021.000-010 and 10-20-00-301-981.000-010), this property features a state-of-the-art gymnasium ideal for diverse uses. The main floor offers sleek tile flooring, perfect for fitness activities and events, while the second floor provides a more comfortable atmosphere with wood-laminate and carpeting. The gymnasium includes full-sized basketball courts and goals, catering to various sporting events and community gatherings. Conveniently located on both floors are kitchen and restroom facilities, ensuring smooth operations. A dedicated youth room offers a safe space for recreational activities, and office space is available for administrative needs. A rear shed provides additional storage or potential expansion possibilities. This property is listed separately as a church and as a combined church and gymnasium offering significant versatility for a wide range of buyers. The asking price is $1,625,000. This is a rare opportunity to acquire a substantial property with significant potential in a thriving community.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.