5927 Highway 31 East Clarksville, IN 47129
For Sale
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This 0.16-acre vacant lot is located at 5927 Highway 31 E in Clarksville, Indiana, offering exceptional visibility and accessibility. Its prime location on Highway 31 ensures high traffic volume, providing significant exposure for any business. The property's proximity to local amenities and the Clark County Airport further enhances its appeal, promising increased foot traffic and convenient access for customers and employees. This presents a unique opportunity for entrepreneurs seeking a high-visibility location to establish a new business or expand an existing one. The lot's size allows for flexible development, accommodating a variety of business types and sizes. Clarksville's thriving business environment and dynamic community provide a supportive backdrop for growth and success. This is an exceptional opportunity to capitalize on a highly desirable location with immense potential for return on investment. The property is priced at $49,900 and is ready for immediate development. This is a rare opportunity to secure a prominent location in a rapidly growing area. Don't miss out on this chance to establish your business in a prime location with significant growth potential.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.