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Vacant Commercial Land Parcel
For Sale
$315,000

720 - 722 Pillsbury Lane, New Albany, IN 47150

COMMERCIAL - New Albany, IN

Property SizeContact for details
Lot Size1.23 Acres
Days on Market235

Property Features for 720 - 722 Pillsbury Lane

General Information

Property type Commercial Sale
Property subtype Other
Standard status Active
APN 220502300106000008
Lot size 1.23 Acres

Taxes and HOA fees

Tax Description SW 1/4 23-2-6 .48 AC., & SW 1/4 23-2-6 .52 AC. / SW 1/4 23-2-6 .187 AC. #008-42100-29
Tax Annual Amount 179
Legal Description SW 1/4 23-2-6 .48 AC., & SW 1/4 23-2-6 .52 AC. / SW 1/4 23-2-6 .187 AC. #008-42100-29
Listing Agency: Keller Williams Realty Consultants
Listed By: Brian Haeseley · License #RB14040159
Added: Dec 19, 2025 Changed: Aug 9 Last Checked: Aug 11 at 10:06PM
MLS# 202608423

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.

Vacant commercial land totaling 1.233 acres at 720–722 Pillsbury Lane in New Albany, Indiana. The offering includes the parcels 22-05-02-300-106.000-008 and 22-05-02-300-107.000-008, as well as 008-42100-28.

The site is described as being across from vacated railroad tracks that are part of a new trail. The property is also presented as suitable for a variety of commercial and residential concepts, including restaurant, strip center, office, retail, or multifamily, depending on your development plans.

The land is being marketed as a single consolidated opportunity with frontage along Pillsbury Lane, supported by the included parcel configuration for planning and development.

Key Highlights

  • 1.233‑acre vacant commercial land site
  • Includes parcels 22‑05‑02‑300‑106.000‑008
  • Includes parcels 22‑05‑02‑300‑107.000‑008

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Parking Lot & Garage Hair Salon Skin Care Clinic

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

Location Intelligence

Trade Area within ½ mile

581
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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Vacant 1.233-acre site with multiple parcels, positioned across from vacated railroad tracks near a new trail.
Where is this commercial land located?
The property is located at 720 - 722 Pillsbury Lane New Albany, IN.
What is the asking price?
The asking price for this property is $315,000.
What are key features of this property?
This property features: 1.233‑acre vacant commercial land site; Includes parcels 22‑05‑02‑300‑106.000‑008; Includes parcels 22‑05‑02‑300‑107.000‑008
More about this property
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