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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    833 Riverside Dr Jeffersonville, IN 47130

    • Industrial properties
    • 2,037 SF
    OFF-MARKET
    Value Estimations
    $270,000
    Show details
    Cap Rate Potential
    3%
    Industrial properties
    Location Intelligence
    Property ID
    US31-1371979
    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.

    Current Use by Public Records

    • Industrial properties

    Property Details for 833 Riverside Dr

    Year built
    1980
    Construction
    WOOD
    Property size
    2,037 SF
    Property type
    Industrial properties
    APN
    10-42-03-700-001.048-039
    APU
    104203700001048039

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $270,000

    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $175,000

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

    Location Insight

    • Map
    • Local Demand
    City
    Jeffersonville
    County
    Clark
    State
    Indiana
    Longitude
    -85.7498
    Latitude
    38.2686
    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
    2023
    $459
    $0.00
    $16,800
    $16,800
    -
    $0.00
    $16,800
    $16,800

    Comparable in this City

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      $775,000
      357,419 SF

      5134 Loop Rd

      HEAVY INDUSTRIAL • 357,419 SF
      5134 Loop Rd, Jeffersonville, IN 47130-8412
      View Details
    • Value Estimation
      $810,000
      6,000 SF

      5130 Prt Rd

      HEAVY INDUSTRIAL • 6,000 SF
      5130 Prt Rd, Jeffersonville, IN 47130-8410
      View Details
    • Value Estimation
      $895,000
      108,023 SF

      1050 Patrol Rd

      INDUSTRIAL (GENERAL) • 108,023 SF
      1050 Patrol Rd, Jeffersonville, IN 47130-7750
      View Details
    • Value Estimation
      $335,000
      6,500 SF

      1504 Research Dr

      INDUSTRIAL (GENERAL) • 6,500 SF
      1504 Research Dr, Jeffersonville, IN 47130-9613
      View Details
    • Value Estimation
      $225,000
      7,300 SF

      1603 Utica Pike

      INDUSTRIAL (GENERAL) • 7,300 SF
      1603 Utica Pike, Jeffersonville, IN 47130
      View Details
    • Value Estimation
      $460,000
      1.55 Acres

      Quartz Rd

      INDUSTRIAL (GENERAL) • 1.55 Acres
      Quartz Rd, Jeffersonville, IN 47130
      View Details

    Similar Nearby for Sale

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      Jeffersonville Industrial Property - 3.42 Acres

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    • $5,000,000
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      8.31 Acres

      Jeffersonville Industrial Space - 7000 SF

      Two Industrial Units, 7000 sq ft total, 8.31 acres
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    • $1,300,000

      New Industrial Building Under Construction

      New industrial building with office HQ south of I-265.
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      25,456 SF

      Industrial Building with Barge Moorage

      25,456 SF industrial building with existing barge moorage.
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    • $1,500,000
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      Jeffersonville Commercial Development Opportunity

      Commercial property with development potential in central Jeffersonville, Indiana.
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    Similar Nearby for Lease

    • Contact for pricing
      127,715 SF

      Jeffersonville Industrial Property For Rent

      Industrial property available for rent in Jeffersonville, Indiana.
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      View Details
    • Contact for pricing
      4,320 SF

      Jeffersonville Industrial Flex Space

      4,320 SF Flex Space, Prime Location
      3730 Utica-Sellersburg Rd, Jeffersonville, IN 47130
      View Details
    • Contact for pricing
      100,000 SF

      Jeffersonville Warehouse Space Available

      100,000 sq ft warehouse space for rent.
      101 River Ridge Cir, Jeffersonville, IN 47130
      View Details
    • $1,000 /Mo
      2,000 SF

      Stand-Alone Warehouse with Office Space

      2000 sq ft building with office and warehouse space.
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      View Details
    • Contact for pricing
      43,560 SF

      Jeffersonville Commercial Land Site

      Prime 1-acre retail pad site in Jeffersonville, IN
      0 10Th St, Jeffersonville, IN 47130
      View Details
    • $16 SF/Yr
      1,140 SF

      Versatile Retail/Office Space Available

      Located near government building, suitable for office, retail, or medical.
      228 E Court Ave, Jeffersonville, IN 47130
      View Details
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    833 Riverside Dr
    Jeffersonville, IN 47130
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    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
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