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    Property profile & analytics
    OFF-MARKET Estimated value $1,110,000
    Office Spaces

    510 Spg St, Jeffersonville, IN 47130-3554

    13,801 SF 1 ac lot Built 1940
    Entity Owned 3-yr Hold Free & Clear
    Property ID
    US31-1932458
    Property summary
    AI-generated overview

    This exceptional 13,801-square-foot commercial property at 510 Spring Street in Jeffersonville, Indiana, presents a unique investment opportunity. Built in 1970, this two-story building features a single tenancy and is situated on one acre of land. The property includes an elevator and boasts a prime location in a historic district, potentially qualifying for tax credits. Located minutes from downtown Jeffersonville and the riverfront, it offers easy access to the vibrant restaurant and retail scene. A short 10-minute drive takes you to Louisville's NULU and Butchertown neighborhoods. The building's frontage benefits from a city-maintained park. The seller is open to build-to-suit options, and additional parcels behind the building may be included in the sale. Architectural plans for a potential Airbnb conversion are also available. The CD zoning allows for diverse uses, including retail, restaurant, office, medical, or even high-end boutique apartments. This property combines historic charm with significant potential for a variety of commercial ventures. The property's APN is 13,801.

    Property profile
    Verified
    Property type Office Spaces
    Use group OFFICE (GENERAL)
    Year built 1940
    Construction TYPE NOT SPECIFIED
    Total area 13,801 SF
    Lot 1 ac (43,560 SF)
    APN 10-19-00-101-450.000-010
    UPID US31-1932458
    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
    • Elizabeth Smoot Physician
    • Anna Reyes-Crawhorn Physician
    • Audra Summers Physician
    • Jennifer Parr Physician
    • Mary Mcandrews Physician
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $1.13M
    Blend (final) Blend
    $1.11M
    Owner & transaction history
    Sprigler Greenbriar Phase 1 LLC · 3 yrs held
    Sprigler Greenbriar Phase 1 LLC
    since 2023
    2 recorded transactions
    2023
    2019
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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