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    3823-3831 Charlestown Rd New Albany, IN 47150

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    For Lease
    $18 SF/Yr ($1,800 /Mo)

    Well-maintained 1,200 SF retail/office space in high-visibility center.

    Property size:
    1,200 SF
    Lot size:
    1.58 Acres

    Property Features for 3823-3831 Charlestown Rd

    General Information

    Size
    1,200 SF
    Lot size
    1.58 Acres

    Source: Commonwealth Commercial Real Estate Agent Rhonda Karageorge

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

    Overview

    New Albany Retail/Office Space

    This 1,200 square feet of well-maintained office/retail space is located in a high-visibility center in New Albany, conveniently located just off I-265 with direct interstate exposure. The space was previously occupied by a law firm and includes private offices, a reception area, break room, storage and restroom. The space is in turnkey condition and ready for immediate occupancy. The center is shadow-anchored by Kohl’s and home to a strong mix of tenants including Mark’s Feed Store, Asian Buffet, Pitt & Frank, FastLabs, Ark Medspa, and more. The center is fully leased. Zoned Highway Commercial, this location is ideal for medical, retail, professional services, or other service-oriented businesses.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    New Albany
    County
    Floyd
    State
    Indiana
    Longitude
    -85.800265
    Latitude
    38.341293

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    FAQs

    What type of property is this?
    Retail space - Well-maintained 1,200 SF retail/office space in high-visibility center.
    Where is this retail space located?
    The property is located at 3823-3831 Charlestown Rd New Albany, IN.
    What is the lease rate?
    The lease rate is $18 SF/Yr.
    What are key features of this property?
    This property features: - Prime New Albany location with direct interstate (I-265) exposure.; - Turnkey condition with private offices, reception area, break room, storage, and restroom.; - High-visibility center shadow-anchored by Kohl's.
    (502) 744-9175
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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
    3823-3831 Charlestown Rd New Albany, IN 47150
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