Search
Office Unit with Four Offices
For Lease
$1,750/Mo

5150 Charlestown Road, New Albany, IN 47150

Commercial, New Albany, IN

Space SizeContact for details
Property Size1,012 SF
Days on Market94

Property Features for 5150 Charlestown Road

General Information

Property type Commercial Sale
Property subtype Other
Directions I-65 or I-64 to Charlestown Rd exit head North past Meijers Grocery. Follow address to building 5150 on the right. Suite 4 is the Suite to the right. (Other Tenants are The Wheatley Group, Shepherd Insurance, John Brinkworth Surveyor.
Standard status Active
APN 220508600167004007
Size 1,012 SF

Taxes and HOA fees

Tax Year 4051
Tax Description COBBLER'S STATION OFFICE PARK PLAT 1123 UNIT 4 1019 SF AND 1018 SF & 992 SF PARE NT PARCEL #2850-067
Tax Annual Amount 5822
Legal Description COBBLER'S STATION OFFICE PARK PLAT 1123 UNIT 4 1019 SF AND 1018 SF & 992 SF PARE NT PARCEL #2850-067

Building Details

Year built 1997
Listing Agency: RE/MAX FIRST-Commercial Group · RE/MAX International
Listed By: Mike Kopp · License #RB14037481
Added: Jun 3 Changed: Aug 30 Last Checked: Sep 4 at 3:06AM
MLS# 202608715

Copyright © 2026 Southern Indiana REALTORS Association. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 1,012-square-foot office unit, built in 1997, is vacant and configured with an entry and lobby area, four individual offices, and a restroom. Sliding doors between two offices allow adjoining space to be combined when needed. Water, sewer, and electric service are included, and the property provides ample parking for occupants and visitors.

The property is located at 5150 Charlestown Road in New Albany, within a business service area surrounded by rooftops and near shopping, retail, restaurants, banking, and medical services. The local landlord maintains the units and is accessible to occupants.

Key Highlights

  • 1,012‑square‑foot office unit built in 1997
  • Four individual offices plus an entry and lobby area
  • Sliding doors connect two offices for flexible adjoining space

Property Analytics

Current Use

John G Brinkworth, ... Land Surveyor Dollar Reverse Phone ... (Bike/Boat/Book/etc) Store OneStop Health Brokers Insurance Agency The Wheatley Group Consultant Shepherd Insurance Insurance Agency

Suggested Use

Top Pick Law Firm Restaurant Hair Salon Spa & Massage Center Nail Salon Auto Repair Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Office units
Yes
Utilities to site
NNN (Triple Net)
Lease Type
$3.11 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

206
Businesses Nearby

Demographics for 47150, IN

49,395
Population
22,834
Households
2.2
Avg Household Size
39
Median Age
26%
College-Educated
91%
High-School Grad
45.0 sq mi
ZIP Area
1,098
Density / Sq Mi
$62,212
Median Household Income
$40,837
Median Earnings
$984
Median Rent
$191,800
Median Home Value

Market

Lease Benchmarks for New Albany, IN

$16.63 /SF/Yr
Avg Asking Price
$11.91–$20.75 /SF/Yr
Price Range
9,746 SF
Avg Space Size

This space is priced 25% above the average of $16.63 /SF/Yr.

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Office units - Vacant office space with a lobby, restroom, and flexible adjoining-office configuration.
Where is this office units located?
The property is located at 5150 Charlestown Road New Albany, IN.
What is the lease rate?
The lease rate is $1,750/Mo.
What are key features of this property?
This property features: 1,012‑square‑foot office unit built in 1997; Four individual offices plus an entry and lobby area; Sliding doors connect two offices for flexible adjoining space
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message