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Property profile & analytics
OFF-MARKET Estimated value $1,200,000
Medical Office Space

810 Eastern Blvd Clarksville, IN 47129-2337

11,172 SF 4.25 ac lot Built 2014
Entity Owned 4-yr Hold Free & Clear
Property ID
US31-3104262
Property summary
AI-generated overview

This exceptional 1.7-acre commercial lot, located at 810 Eastern Blvd in Clarksville, Indiana (zip code 47129), presents a unique development opportunity. Priced affordably at $575,000, this property is zoned PUD and offers significant potential for a variety of commercial uses. Situated within the established Eastern Commons Shopping Center, the lot benefits from existing infrastructure and high visibility. Its adjacency to Fresenius Dialysis makes it particularly well-suited for medical or service-based businesses seeking to establish a presence in a thriving area. The property's location in Clark County, Indiana, places it within a densely populated region of Southern Indiana, ensuring a strong potential customer base. This infill site provides an excellent opportunity to build a high-quality facility while leveraging the existing infrastructure and amenities of the surrounding shopping center. The property's ownership is of record. This is an exceptional opportunity for developers seeking a well-located, affordable parcel in a high-demand area. The lot's size and location make it ideal for a variety of commercial developments, offering significant return on investment. Serious inquiries are encouraged.

Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 2014
Construction TYPE NOT SPECIFIED
Total area 11,172 SF
Lot 4.25 ac (185,086 SF)
APN 10-14-01-801-654.000-012
UPID US31-3104262
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.02M
Blend (final) Blend
$1.20M
Owner & transaction history
Freclark LLC · 4 yrs held
Freclark LLC
since 2022
1 recorded transaction
2022
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general) $845,000 +13.2%
Restaurant $765,000 +2.2%
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