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4000 Utica Pike - Marina with 180 Boat Slips on the Ohio River 13,845 SF Specialty Building Offered at $5,000,000 at a 8.40% Cap Rate in Jeffersonville, IN 47130
Investment Highlights
- 5 boat docks with 180 boat slips
- Value Add Opportunity: Construct Dock E for 40 additional boat slips to increase summer and winter rates
- Prime location with easy access to the Lewis and Clark bridge
Executive Summary
Cash-flowing marina investment opportunity in Jeffersonville, IN with 180 boat slips on the Ohio River, generating $350,000 NOI at a 7% cap rate. This well-maintained property features regular dredging and abundant parking. Significant value-add potential exists through increasing slip leasing rates and adding another dock to accommodate 60 additional slips. The property includes CPA-certified financials, prime access to the Lewis and Clark Bridge. An adjacent 20+ acres available for additional development or alternate use. A true cash cow opportunity in a prime location—contact the listing agent today!
Property Facts
| Price | $5,000,000 | Building Class | C |
| Price Per SF | $361.14 | Lot Size | 40.32 AC |
| Sale Type | Investment | Building Size | 13,845 SF |
| Cap Rate | 8.40% | No. Stories | 1 |
| Property Type | Specialty | Year Built | 1972 |
| Property Subtype | Marina | ||
| Zoning | C-2 - Commercial | ||
| Price | $5,000,000 |
| Price Per SF | $361.14 |
| Sale Type | Investment |
| Cap Rate | 8.40% |
| Property Type | Specialty |
| Property Subtype | Marina |
| Building Class | C |
| Lot Size | 40.32 AC |
| Building Size | 13,845 SF |
| No. Stories | 1 |
| Year Built | 1972 |
| Zoning | C-2 - Commercial |
Amenities
- Waterfront
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Property Taxes
| Parcel Numbers | Improvements Assessment | $139,800 | |
| Land Assessment | $347,000 | Total Assessment | $486,800 |
Property Taxes
Parcel Numbers
Land Assessment
$347,000
Improvements Assessment
$139,800
Total Assessment
$486,800
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4000 Utica Pike - Marina with 180 Boat Slips on the Ohio River
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