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    2708 Paoli Pike New Albany, IN 47150

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    For Lease
    $1,600 /Mo ($13 SF/Yr)

    Retail space in high-traffic strip center near State Street.

    Property size:
    1,390 SF
    Lot size:
    1.41 Acres

    Property Features for 2708 Paoli Pike

    General Information

    Size
    1,390 SF
    Lot size
    1.41 Acres

    Source: Bass Group Real Estate Agent Bobby Bass

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    High-Traffic Retail Space Available

    This property offers a retail space of 1390 square feet in a high-traffic strip center located on Paoli Pike. The location is minutes from the State Street shopping and retail district, with convenient access to I-265 and I-64. The property features a new roof, and all electrical, plumbing, and HVAC systems have been inspected and are in good working order. The space provides excellent visibility and accessibility and includes ample parking for customers.
    Location Intelligence

    Current Use by Public Records

    Mimo's Pizzeria Pizza Restaurant The Fistful Lawn Live Music Venue Hill Top Groceries Grocery Store Kasey Hammel Nurse Practitioner Life Center Social Services Organization

    Suggested Use

    Restaurant Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    New Albany
    County
    Floyd
    State
    Indiana
    Longitude
    -85.851981
    Latitude
    38.314719

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    FAQs

    What type of property is this?
    Strip mall - Retail space in high-traffic strip center near State Street.
    Where is this strip mall located?
    The property is located at 2708 Paoli Pike New Albany, IN.
    What is the lease rate?
    The lease rate is $13 SF/Yr.
    What are key features of this property?
    This property features: - Only available unit in a high-traffic strip center on Paoli Pike.; - New roof and inspected electrical/plumbing/HVAC systems in good working order.; - Excellent visibility and accessibility.
    (502) 552-1296
    Request Owner's contact information
    2708 Paoli Pike New Albany, IN 47150
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2708 Paoli Pike New Albany, IN 47150
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