Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    230 E Montgomery Ave Clarksville, IN 47129
    Back to Search
    Property profile & analytics

    230 E Montgomery Ave, Clarksville, IN 47129

    View on Map

    • Office Spaces
    • 27,032 SF
    • 0.84 lot acres
    Multi-Tenant Building with Gymnasium For Lease
    $1,010,000
    21,000 SF

    Multi-Tenant Building with Gymnasium

    Two-story office complex with a gymnasium, formerly a school.

    230 E Montgomery Ave, Clarksville, IN 47129
    View Listing
    Property ID
    US31-0193776
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Office Spaces

    Property Details for 230 E Montgomery Ave

    Year built
    1925
    Construction
    WOOD
    Lot size
    0.84 lot acres
    Property type
    Office Spaces
    APN
    10-14-00-103-238.000-012
    APU
    101400103238000012

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Sep 28, 2017 — Jay Sheth LLC Jeffrey A Campbell Warranty Deed —

    Description

    This exceptional two-story, 20,997 square foot executive office complex in Clarksville, Indiana, presents a unique investment opportunity. Built in 1925 and renovated in 1970, this property boasts a rich history, having served as both a school and Clarksville's town government offices. Currently, the entire 20,997 square feet is available for lease, offering multiple tenancy options. The building features a first-floor space leasing for $3,400 per month, a second-floor space leasing for $3,900 per month, and a lower-level space leasing for $2,750 per month (all gross lease amounts). An attached 8,927 square foot gymnasium is also available for lease at $3,500 per month plus $2 per square foot for utilities, totaling $5,000 per month gross lease amount. The property is zoned B-1 and sits on a 0.8434-acre lot (per county assessor). Its prime location across from the Clarksville Little Theatre and Clarksville Aquatic Center, with easy access to I-65 and downtown Louisville, Kentucky, makes it highly desirable. All square footage sizes are estimated. The APN is 101400103238000012.


    Value Estimations

    based on Realmo’s proprietary methodology
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $1,096,000
      Market price range: $1.10M - $3.37M

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Clarksville
    County
    Clark
    State
    Indiana
    Longitude
    -85.757
    Latitude
    38.2784
    CBSA code
    31140
    CBSA name
    LOUISVILLE-JEFFERSON COUNTY, KY-IN METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $9,188
    $95,300
    $227,100
    $322,400
    -
    $95,300
    $227,100
    $322,400
    View Listing
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message