2740 Allison Ln Jeffersonville, IN 47130-5952
Property profile & analytics
2740 Allison Ln, Jeffersonville, IN 47130-5952
- Turn key restaurants
- 3,580 SF
- 1.28 lot acres
Property ID
US31-1694422
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.
Location Intelligence
Current Use by Public Records
- Hardees / Restaurant / Take-out & Catering
Property Details for 2740 Allison Ln
- Year built
- 2010
- Lot size
- 1.28 lot acres
- Property type
- Turn key restaurants
- APN
- 10-19-01-201-025.000-009
- APU
- 101901201025000009
Description
Exceptional investment opportunity featuring a 3,580 square foot Hardee's/Carl's Jr. restaurant located at 2740 Allison Ln, Jeffersonville, IN 47130. This Class A property boasts a long-term, net lease (NNN) with 15.6 years remaining until expiration (June 29, 2040), offering significant passive income potential. The property sits on a 1.28-acre lot and is zoned C2. Built in 2009, the single-tenant building enjoys 100% occupancy since its lease commencement on January 27, 2020. The current asking price is $2,038,000, representing a compelling $569.27 per square foot and a 7.00% cap rate based on a Net Operating Income (NOI) of $142,666. The lease includes four 5-year renewal options, providing further long-term security. This strategically located retail property benefits from its proximity to major anchors such as Meijer and Kohl's, and other national tenants including Dunkin' Donuts, McDonald's, ALDI, and more. The property's strong performance is further supported by the robust growth of the Louisville MSA, a rapidly expanding area with a population exceeding 1.3 million residents. This is a fee simple ownership opportunity with a proven track record of success. The lease is backed by StarCorp LLC, a premier Hardee's operator with approximately 160 units, known for its rapid growth within the franchise.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Jeffersonville
- County
- Clark
- State
- Indiana
- Longitude
- -85.7104
- Latitude
- 38.3208
- 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
$54,335
$641,500
$1,296,300
$1,937,800
-
$641,500
$1,296,300
$1,937,800
