Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    5911 Charlestown Pike Jeffersonville, IN 47130-8759
    Back to Search
    Property profile & analytics

    5911 Charlestown Pike Jeffersonville, IN 47130-8759

    View on Map
    • Theaters & concert halls
    • 60,607 SF
    • 58.26 lot acres
    Off-Market
    Last Sale Aug 14, 2023
    $120,000
    Property ID
    US31-2700595
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • THEMESSAGE.COM / Church / Mosque
    • Voice of God Recordings Inc / Charitable Organization / Social Service Agency

    Property Details for 5911 Charlestown Pike

    Year built
    2001
    Construction
    TYPE NOT SPECIFIED
    Lot size
    58.26 lot acres
    Property size
    60,607 SF
    Property type
    Theaters & concert halls
    APN
    10-11-05-100-093.000-033
    APU
    101105100093000033

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Jeffersonville
    County
    Clark
    State
    Indiana
    Longitude
    -85.7023
    Latitude
    38.3794
    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
    2022
    $0.00
    $4,369,500
    $2,920,200
    $7,289,700
    -
    $4,369,500
    $2,920,200
    $7,289,700

    Comparable in this City

    • Value Estimation
      $2,405,000
      69,456 SF

      Charlestown New Albany Pike

      THEATER (MOVIE) • 69,456 SF
      Charlestown New Albany Pike, Jeffersonville, IN 47130
      View Details
    • Value Estimation by Request
      8,108 SF

      715 Riverside Dr

      THEATER (MOVIE) • 8,108 SF
      715 Riverside Dr, Jeffersonville, IN 47130-3121
      View Details
    • Value Estimation by Request
      5,994 SF

      3715 Utica Sellersburg Rd

      THEATER (MOVIE) • 5,994 SF
      3715 Utica Sellersburg Rd, Jeffersonville, IN 47130-8636
      View Details
    • Value Estimation by Request
      3,356 SF

      5th St

      THEATER (MOVIE) • 3,356 SF
      5th St, Jeffersonville, IN 47130
      View Details
    • Value Estimation by Request
      11,188 SF

      3108 Hamburg Pike

      THEATER (MOVIE) • 11,188 SF
      3108 Hamburg Pike, Jeffersonville, IN 47130-9630
      View Details
    • Value Estimation by Request
      6,788 SF

      2101 Middle Rd

      THEATER (MOVIE) • 6,788 SF
      2101 Middle Rd, Jeffersonville, IN 47130-5261
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Versatile Gymnasium within Church Community

      State-of-the-art gymnasium suitable for various activities and events.
      1818 Wesley Ct, Jeffersonville, IN 47130
      View Details
    • Contact for pricing

      Jeffersonville Commercial Land For Sale

      0.75 acre commercial land in downtown Jeffersonville.
      1003 Watt St, Jeffersonville, IN 47130
      View Details
    • Contact for pricing

      Land Available For Sale/Lease

      Vacant land available for sale or lease in Jeffersonville, Indiana.
      Vissing Park Rd, Jeffersonville, IN 47130
      View Details
    • $475,000
      10,914 SF

      Jeffersonville Office Space For Lease

      Office suite with reception, offices, and conference room available.
      3008 Middle Rd, Jeffersonville, IN 47130
      View Details
    • Contact for pricing

      Jeffersonville Industrial Warehouse Spaces Available

      Spacious industrial warehouse spaces in Jeffersonville, Indiana, with secure access.
      1801 Dutch Ln, Jeffersonville, IN 47130
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Jeffersonville Retail and Office Space

      Flexible retail, restaurant, medical, fitness, and office spaces available.
      2781 Jefferson Centre Way, Jeffersonville, IN 47130
      View Details
    • Contact for pricing

      Jeffersonville Retail/Office/Medical Space Available

      Flexible space in Jefferson Centre, ideal for various businesses.
      2781 Jefferson Centre Way, Jeff, IN 47130
      View Details
    • Contact for pricing

      Jeffersonville Commercial Land For Lease

      1.0 acre site with excellent visibility and access.
      10Th St, Jeffersonville, IN 47130
      View Details
    • Contact for pricing

      Jeffersonville Bank Building with Drive-Thru

      8,094 SF bank building with drive-thru for lease.
      2501 Allison Ln, Jeffersonville, IN 47130
      View Details
    • Contact for pricing
      1,891 SF

      Jeffersonville Restaurant Space with Drive-Thru

      Former KFC with drive-thru available for lease in Jeffersonville.
      1426 E 10Th St, Jeffersonville, IN 47130
      View Details
    • Contact for pricing

      Versatile Retail/Office Space Available

      Located near government building, suitable for office, retail, or medical.
      228 E Court Ave, Jeffersonville, IN 47130
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    5911 Charlestown Pike
    Jeffersonville, IN 47130-8759
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    5911 Charlestown Pike, Jeffersonville, IN, 47130
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!