For Auction

Broadway & Bales Lane Site | Hotel, Medical & Retail Uses

Adj to 1419 Bales Ln,
Jeffersonville, IN 47129

Asset Snapshot

Real Estate
Asset Type
Land
Property Type
8,000
Vehicles Per Day
1.90 Acres
Land Area

Investment Highlights

Flexible Mixed-Use Commercial Zoning District
Permitted uses include hotels, grocery, restaurants, banks, medical offices, and attached condos.
Flat, Cleared Parcel With No Demolition
Water, sewer, and gas run along the street, positioning the site as near shovel-ready.
Immediate I-65 Access Near Veterans Parkway
Veterans Parkway / IN-62 nearby carries approximately 28,000 to 40,000 vehicles per day.
Within an Established National Retail Hub
Neighbors include Lowe's, Target, Bass Pro Shops, Best Buy, Dillard's, and Olive Garden.
10 Minutes to River Ridge Commerce Center
The 6,000-acre park supports 20,000 jobs, and Meta is developing an $800M data center there.
Growing Trade Area Near Downtown Louisville
Jeffersonville grew 7.0% from 2020 to 2024, and the 5-mile daytime population is 201,127.

Offering Summary

Brokered by Marcus & Millichap and powered by RealINSIGHT Marketplace, Bales Lane & Broadway Street is a 1.90-acre flat, cleared infill development site in Jeffersonville/Clarksville, Indiana, just across the Ohio River from downtown Louisville. The fee simple parcel sits immediately off the I-65 / Veterans Parkway / Lewis & Clark Parkway retail and hospitality corridor, with frontage on both Broadway Street and Bales Lane. Zoned VPCZ (Veterans Parkway Corridor Zone), a flexible mixed-use commercial district, the site permits a broad range of uses including hotels, grocery, restaurants, banks, fitness, medical and professional offices, hospitals, attached residential condominiums, and regional retail formats. No demolition is required, and water, sewer, and gas are available along the street, positioning the site as near shovel-ready for retail, hospitality, medical, service, or mixed-use development. Surrounding demand drivers include Lowe's, Target, Bass Pro Shops, Best Buy, Dillard's, HomeGoods, and national restaurant operators. The site is 10 minutes from the 6,000-acre River Ridge Commerce Center, which supports more than 20,000 jobs and where Meta is developing an $800M data center. Jeffersonville's population grew 7.0% from 2020 to 2024, and the 5-mile radius holds a daytime population of 201,127.

Due Diligence

Location

The site sits at the corner of Broadway Street and Bales Lane in Jeffersonville/Clarksville, Indiana, next to the Veterans Parkway retail corridor and just across the Ohio River from downtown Louisville. Nearby Lowe's, Target, and Bass Pro Shops anchor local traffic, while River Ridge Commerce Center, 10 minutes away, adds 20,000 jobs and interstate access via I-65, I-265, and I-64.

201,127
5-mile daytime population
28K–40K VPD
Traffic on nearby Veterans Parkway
$800M
Meta data center at River Ridge

Transaction Managers

Platform Fee

Buyer pays a minimum platform fee of 5% or $25,000 at closing.

How it Works

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Read the auction guide

Auctioneer

Bryan P. Jackson
c/o Fisher Auction Company Inc.
License: AU09100175

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Auction Opens In
39d 23h 44m 25s
$150,000
Starting Bid
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Bidding Opens
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Investment Sales Brokers

KI
Derek Schuster
Marcus & Millichap

Disclaimers

The information being provided herein is for informational purposes only. No representation or warranty is made as to the accuracy or completeness of any information contained herein, including, without limitation, any information regarding the condition of the Property, the condition of title or Property descriptions. Any documents and/or pictures posted herein or elsewhere on the RealINSIGHT Marketplace (the "Website") are for informational purposes only, and may not represent the current condition of the Property or the condition of the Property at the time of sale. The posting of pictures herein or elsewhere on the Website does not constitute a guarantee that any items represented in the pictures will be present when the buyer takes possession of the Property. You are encouraged to conduct your own due diligence and investigate all matters relating to the Property. It is recommended that you seek independent advice, including legal advice, to perform your due diligence and that you use good faith efforts in determining that the content of all information provided to or obtained by you is accurate.