3211 10Th StJeffersonville, IN 47130

  • Grocery and convenience stores
  • 5,195 SF
For Sale
$405,250 View listing

Property Details for 3211 10Th St

Year built
2018
Construction
TYPE NOT SPECIFIED
Lot size
6.00 AC
Property size (Sq ft)
5,195 SF
Property type
Grocery and convenience stores
APN
10-19-02-200-815.000-009
APU
101902200815000009

Description

This exceptional 0.93-acre commercial land parcel, located at 3211 E. 10th Street, Jeffersonville, IN 47130, presents a unique investment opportunity. Situated in Clark County, this C-2 zoned property boasts a highly desirable location within a thriving retail corridor on E. 10th Street, experiencing significant growth. The site benefits from excellent visibility and accessibility due to its signalized corner location, offering convenient ingress and egress. With a daily traffic count of 25,423 vehicles, this pad-ready site is ideally positioned between major retailers, Meijer and Kroger, ensuring high foot traffic and strong consumer presence. The asking price is $405,250. The property is currently owned by Circle K and the lease expires on December 31, 2023, leaving the land available for immediate development. This affordable development opportunity is perfect for businesses seeking high visibility and a strategic location within a bustling commercial area. The property's prime location and high traffic volume make it an exceptional investment for long-term growth and profitability. Don't miss this chance to secure a piece of Jeffersonville's vibrant commercial landscape.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,098,160
    6.5%
    $1,013,690
    7%
    $941,283
  • Comparable approach

    Method
    Valuation
    Relative Method
    $465,073
    Geo Method
    $465,073
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $1,946,010
    Mixed-Use / Specialty
    $1,022,510
    Hospitality / Lodging
    $766,379
    Office
    $1,029,390
    Institutional / Educational
    $1,067,450
    Residential Income
    $1,248,910
    Multifamily
    $1,428,920
    Automotive / Energy
    $914,955
    Parking / Income-Based Land
    $303,451
    Restaurant / Food Service
    $558,362
    Healthcare / Senior Housing
    $1,035,810

Location Insight

City
Jeffersonville
County
Clark
State
Indiana
Latitude
38.3304
Longitude
-85.7118
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
$44,961
$810,400
$793,100
$1,603,500
-
$810,400
$793,100
$1,603,500

FAQs

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