Property profile

950 Lewis And Clark Pkwy Clarksville, IN 47129

OFF-MARKET
Retail space
Property ID
US31-2291575
3,910 SF 1.92 ac lot Built 1996
Entity Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

The property is a 3,910-square-foot, two-story freestanding commercial building configured as approximately 3,000 square feet on the first floor and 910 square feet on the second floor. It is located on a 1.35-acre corner lot with signalized intersection access and approximately 325 feet of frontage along a four-lane parkway, providing parking for about 170 vehicles. The building has had facility improvements including a roof replacement installed in June/July 2018 using a Versico roofing system (installed by Fidelity Roofing Co.), and an LED lighting upgrade completed in October 2017 that replaced exterior metal halide fixtures and interior lighting. The site is positioned near the I-65 interchange (about one-eighth mile away) and roughly 5 miles north of downtown Louisville, Kentucky, and it benefits from proximity to retail and restaurant uses in the surrounding area.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1996
Construction WOOD
Total area 3,910 SF
Lot 1.92 ac (83,722 SF)
APN 10-14-01-900-519.000-011
UPID US31-2291575

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

950 Lewis And Clark Pkwy Clarksville, IN 47129-2214
Clarksville metro Census 50403 LOUISVILLE-JEFFERSON COUNTY, KY-IN METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$405k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$395k

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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