650 Lewis And Clark PkwyClarksville, IN 47129

  • Retail properties
  • 8,000 SF
For Lease
$20/SF/YR View listing

Property Details for 650 Lewis And Clark Pkwy

Year built
2002
Construction
TYPE NOT SPECIFIED
Lot size
0.75 AC
Property size (Sq ft)
8,000 SF
Property type
Retail properties
Property subtype
Retail space
APN
10-14-01-900-499.000-012
APU
101401900499000012

Description

This 3,200 square foot retail storefront is located at 650 E. Lewis and Clark Pkwy in Clarksville, Indiana, 47129. The space is part of a well-maintained, two-tenant brick building, with Mattress Firm as the existing tenant. The property features pylon signage and two convenient curb cuts from Lewis & Clark Parkway. Landscaping is attractive and well-maintained. This end-cap space offers excellent visibility and accessibility, situated across from Greentree Mall, near Bass Pro Shops, and directly in front of a soon-to-be-built Rural King. The building's total square footage is 7,886, with a single story and no elevators. The zoning is B-2, making it ideal for a variety of retail, restaurant, or service-based businesses. The property offers high traffic counts due to its prime location. The minimum divisible space is 3,200 square feet, and the maximum contiguous space available is also 3,200 square feet.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,450,649
    6.5%
    $1,339,061
    7%
    $1,243,414
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,735,373
    Geo Method
    $1,735,373
  • Alternative Use

    Use
    Valuation
    Residential
    $1,129,548
    Hospitality
    $1,034,660
    Educational
    $860,825
    Medical
    $890,430
    Retail
    $1,339,061
650 Lewis And Clark Pkwy, Clarksville, Indiana

Location Insight

City
Clarksville
County
Clark
State
Indiana
Latitude
38.3117
Longitude
-85.7651
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
$27,525
$602,400
$315,100
$917,500
-
$602,400
$315,100
$917,500

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