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Property profile & analytics
FOR SALE
Commercial real estate

4000 Utica Pike Jeffersonville, IN 47130

19.47 ac lot Built 1973
Individually Owned 7-yr Hold Absentee Owner Free & Clear
Property ID
US31-1470104
Property summary
AI-generated overview

This exceptional 40.33-acre property in Jeffersonville, Indiana, presents a unique investment opportunity. The site boasts over 2,000 feet of Ohio River shoreline and includes a fully operational marina featuring five docks with 180 boat slips generating substantial income through a tiered summer and winter rate structure. The potential for expansion is significant, with the possibility of constructing an additional dock to accommodate another 40 boat slips. Complementing the marina is a substantial 13,845 square foot building, currently configured as an industrial office, showroom, and service center. This versatile space offers ample opportunities for various business uses. The property also features a fenced area and extensive parking. The land itself is dry and zoned C-2, allowing for a wide range of development possibilities, including retail, industrial, commercial, single-family residential, multi-family residential, and hospitality uses. This prime location offers unparalleled access to the Ohio River and presents a rare combination of income-producing assets and significant future development potential. The property is priced at $11,999,000. This is a truly exceptional opportunity for an investor seeking a high-return, multi-faceted commercial property.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1973
Lot 19.47 ac (848,113 SF)
APN 10-42-00-600-188.000-039
UPID US31-1470104
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Admirals Anchor RV Boat Sales & Marina (Bike/Boat/Book/etc) Store
  • Admirals Anchor Marina Boat Club
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Carolin A Webb Ret · 7 yrs held
Carolin A Webb Ret
since 2019
2 recorded transactions
2019
Price N/A
2017
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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