1712 Charlestown New Albany RdJeffersonville, IN 47130

Property Details for 1712 Charlestown New Albany Rd

Year built

1990

Construction

WOOD

Lot size

0.82 AC

Property size (Sq ft)

1,664 SF

Property type

Banks

APN

10-21-02-000-230.000-009

APU

102102000230000009

Description

This 1,699 sq. ft. former bank building in Jeffersonville, IN, presents a unique opportunity for office, medical, or retail businesses. Situated on a 0.8-acre lot with 20 parking spaces, the property boasts excellent visibility on Charlestown New Albany Road, benefiting from high daily traffic counts exceeding 12,000 vehicles at a nearby intersection and over 7,700 directly in front. Its convenient location, just 0.5 miles from Jeffersonville Town Center, a major retail hub, ensures high foot traffic and accessibility. The building features three offices, a service counter, ample group workspace, and a drive-thru currently used as an ATM, offering versatile usage potential for future tenants. Multiple access points along Charlestown New Albany Road enhance convenience. The property is available for sale or lease and represents a strong investment in a thriving commercial area. The building's single-tenant configuration provides flexibility and control. This well-maintained property offers a turnkey solution for businesses seeking a high-profile location in a rapidly growing community. The address is 1712 Charlestown New Albany Rd, Jeffersonville, IN 47130.

• CAP approach

  CAP return

  Valuation

  6%

  $463,309

  6.5%

  $427,670

  7%

  $397,122

• Comparable approach

  Method

  Valuation

  Relative Method

  $360,958

  Geo Method

  $360,958

• Alternative Use

  Use

  Valuation

  Residential

  $360,756

  Hospitality

  $330,450

  Educational

  $274,931

  Medical

  $284,386

  Retail

  $427,670

Location Insight

City

Jeffersonville

County

Clark

State

Indiana

Latitude

38.3249

Longitude

-85.7419

CBSA code

31140

CBSA name

LOUISVILLE-JEFFERSON COUNTY, KY-IN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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