3118 10Th StJeffersonville, IN 47130

  • Commercial land
  • 1.53 AC
For Sale
$675,000 View listing

Property Details for 3118 10Th St

Lot size
1.53 AC
Property type
Commercial land
APN
10-19-02-200-388.000-009
APU
101902200388000009

Description

This exceptional 1.53-acre commercial property, located at 3118 E 10th St in Jeffersonville, Indiana, presents a unique investment opportunity. Zoned for commercial use, this single-tenancy lot boasts a strategic location at the corner of 10th Street and Allison Lane, an intersection with a high average daily traffic count of 20,038 vehicles. Its proximity to I-265 (approximately 1.8 miles) ensures excellent accessibility. The property is situated adjacent to a Norton Immediate Care Center and a Meijer, benefiting from the high foot traffic generated by these established businesses. Other nearby businesses include McDonald's, Burger King, Great Clips, Penn Station, The UPS Store, Domino's, and H&R Block, further enhancing its desirability. The surrounding area demonstrates strong demographics, with 45,656 residents within a 3-mile radius and 105,466 residents within a 5-mile radius, exhibiting a median household income of $67,496. The property's location is also advantageous due to its proximity (3 miles) to the new River Ridge Development. The asking price is $675,000, translating to $441,176 per acre. The property's APN is 10-19-02-200-388.000-009. This property is ideal for a variety of commercial ventures, capitalizing on its prime location and strong surrounding demographics.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $24,981,600
    Retail / Commercial
    $13,013,100
    Mixed-Use / Specialty
    $13,126,400
    Hospitality / Lodging
    $9,838,270
    Office
    $13,214,700
    Institutional / Educational
    $13,703,200
    Residential Income
    $16,032,700
    Multifamily
    $18,343,600
    Automotive / Energy
    $11,745,600
    Parking / Income-Based Land
    $3,895,510
    Restaurant / Food Service
    $7,167,890
    Healthcare / Senior Housing
    $13,297,100

Location Insight

City
Jeffersonville
County
Clark
State
Indiana
Latitude
38.3243
Longitude
-85.7113
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
$13,952
$497,600
-
$497,600
-
$497,600
-
$497,600

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