3121 10th St Jeffersonville, IN 47130-7222
- Office Properties & Spaces
- 4,990 SF
- 0.55 lot acres
Current Use by Public Records
- Nathan Marshall / Physician
- Emily Bullerdick / Physician
- Deborah Bruckman / Physician
Property Details for 3121 10th St
- Year built
- 2011
- Construction
- WOOD
- Lot size
- 0.55 lot acres
- Property size
- 4,990 SF
- Property type
- Office Properties & Spaces
- APN
- 10-19-02-200-361.000-009
- APU
- 101902200361000009
Description
This exceptional Class A, single-tenant building, totaling 3,500 square feet on a 0.554-acre lot, presents a unique investment opportunity. Built in 2011, the property boasts a desirable location at a signalized intersection with exceptional visibility and high traffic counts averaging 23,752 vehicles daily. The building features a first-floor layout of 3,500 square feet, complemented by an additional 1,425 square feet of partially finished basement space, offering significant expansion potential. Ample parking is readily available on-site, further enhanced by convenient cross-access parking with a neighboring ALDI. The property's C1 zoning allows for flexible use, catering to medical office, traditional office, and retail tenants. Its strategic location benefits from proximity to a vibrant array of established businesses, including major retailers like Meijer, Kroger, and ALDI, as well as numerous restaurants and service providers. The surrounding area is experiencing significant economic growth, fueled by the development of the River Ridge Commerce Center, a substantial industrial and office campus projected to generate 100,000 new jobs. This prime location, combined with the building's versatile design and ample parking, makes it an ideal investment for discerning buyers seeking high visibility and strong tenant potential in a rapidly expanding market. The property's address is conveniently located near the intersection of E 10th St and Meijer Dr, Clark County, with APN 10-19-02-200-361.000-009.
Value Estimations
-
CAP approach
- CAP Return
- Estimation
- 6%
- $785,000
- 6.5%
- $725,000
- 7%
- $675,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $711,000
- AI Estimate
- $698,000
Market price range: $244k - $712kMarket price range: $158k - $699k
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Location Insight
- Map
- Local Demand
- City
- Jeffersonville
- County
- Clark
- State
- Indiana
- Longitude
- -85.7127
- Latitude
- 38.3262
- CBSA code
- 31140
- CBSA name
- LOUISVILLE-JEFFERSON COUNTY, KY-IN METROPOLITAN STATISTICAL AREA