3118 10th St Jeffersonville, IN 47130-5904

Property Details for 3118 10th St

Lot size

1.53 lot acres

Property type

Commercial land

APN

10-19-02-200-388.000-009

APU

101902200388000009

Description

This exceptional 1.53-acre commercial property, located at 3118 E 10th St in Jeffersonville, Indiana, presents a unique investment opportunity. Zoned for commercial use, this single-tenancy lot boasts a strategic location at the corner of 10th Street and Allison Lane, an intersection with a high average daily traffic count of 20,038 vehicles. Its proximity to I-265 (approximately 1.8 miles) ensures excellent accessibility. The property is situated adjacent to a Norton Immediate Care Center and a Meijer, benefiting from the high foot traffic generated by these established businesses. Other nearby businesses include McDonald's, Burger King, Great Clips, Penn Station, The UPS Store, Domino's, and H&R Block, further enhancing its desirability. The surrounding area demonstrates strong demographics, with 45,656 residents within a 3-mile radius and 105,466 residents within a 5-mile radius, exhibiting a median household income of $67,496. The property's location is also advantageous due to its proximity (3 miles) to the new River Ridge Development. The asking price is $675,000, translating to $441,176 per acre. The property's APN is 10-19-02-200-388.000-009. This property is ideal for a variety of commercial ventures, capitalizing on its prime location and strong surrounding demographics.