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Property profile

230 E Montgomery Ave Clarksville, IN 47129

FOR LEASE
Other office properties
Property ID
US31-0193776
27,032 SF 0.84 ac lot Built 1925
Last sale Sep 2017
Entity Owned Owner of record is a legal entity (LLC / corporation). 9-yr Hold Held for 9 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The Ohio Falls Office Complex is a two-story, multi-tenant building with an overall size of approximately 21,000 square feet. The property has a history of use as a school and later as Town of Clarksville government offices, and it is configured as a multi-tenant facility. The building is located on the south side of E Montgomery Ave, across from the Clarksville Little Theatre, at the southwest corner of State and E Montgomery.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$9k
Tax billed · 2023
Assessed value$322k
Assessed land$95k
Assessed improvement$227k
Effective rate2.85%

Value estimate

· Oct 2026
$415k
$374k – $457k
Submarket $/SF estimate$1.10M
NOI build-up
Gross scheduled income$214k
Vacancy & credit loss−$32k
Operating expenses−$45k
NOI · 2,717.00% cap applied$136k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$82/SF
Submarket average, outlier-cleaned · 31 recorded sales of this use type
Observed band · Q1–Q3$56 – $131

Cap rate analysis

How does the asset earn?
2,717.00%
$136k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionCLARK

Location intelligence

Which uses thrive at this corner?
Best fit: HVAC Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
HVAC Service9.4
Plumbing Service9.2
Tailor Shop9.2

Location

230 E Montgomery Ave Clarksville, IN 47129
County assessor Recorded deeds · 1 transfer Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

5 recorded sales · 11 properties nearby
Recent sales nearby
5 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
806 Providence, Clarksville, IN 47129-1537 $300,000 Apr 2024 4,480 SF
122 Bowling, Clarksville, IN 47129-9026 $209,900 Jun 2023 1,482 SF
830 Eastern, Clarksville, IN 47129-2331 $462,500 Aug 2020 5,168 SF
1503 Lynch, Clarksville, IN 47129-2292 $350,000 Jun 2020 5,830 SF
700 Clark, Jeffersonville, IN 47129-2318 $75,000 Jan 2020 1,044 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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