1559 10Th StJeffersonville, IN 47130

Property Details for 1559 10Th St

Year built

1980

Construction

TYPE NOT SPECIFIED

Lot size

1.07 AC

Property size (Sq ft)

960 SF

Property type

Grocery and convenience stores

APN

10-19-01-000-560.000-010

APU

101901000560000010

Description

This exceptional 2.12-acre commercial land parcel presents a unique investment opportunity in Jeffersonville, Indiana. Located at 1559 E 10th St, this property boasts a highly desirable C2 zoning classification, complemented by an MP designation, offering significant development potential. The expansive lot size provides ample space for a variety of commercial ventures. Situated on a four-lane thoroughfare, E 10th St, this location ensures high visibility and accessibility, making it an ideal site for businesses seeking strong exposure. The property's APN is 101901000558000010f. With a total asking price of $160,000, this translates to a land value of approximately $80,188 per acre, representing a compelling price point for this prime commercial real estate. The property is conveniently located in Clark County, Indiana, with a zip code of 47130, and its geographic coordinates are 38.2956999 latitude and -85.7276347 longitude. This site is ready for your vision. Don't miss this chance to acquire a strategically located commercial property with significant growth potential.

• CAP approach

  CAP return

  Valuation

  6%

  $202,933

  6.5%

  $187,323

  7%

  $173,943

• Comparable approach

  Method

  Valuation

  Relative Method

  $85,942.30

  Geo Method

  $85,942.30

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $359,610

  Mixed-Use / Specialty

  $188,953

  Hospitality / Lodging

  $141,622

  Office

  $190,225

  Institutional / Educational

  $197,257

  Residential Income

  $230,790

  Multifamily

  $264,055

  Automotive / Energy

  $169,077

  Parking / Income-Based Land

  $56,075.70

  Restaurant / Food Service

  $103,181

  Healthcare / Senior Housing

  $191,411

Location Insight

City

Jeffersonville

County

Clark

State

Indiana

Latitude

38.295

Longitude

-85.7275

CBSA code

31140

CBSA name

LOUISVILLE-JEFFERSON COUNTY, KY-IN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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