Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    1702 East Spring St New Albany, IN 47150

    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    13,905 SF building with drive-thru in New Albany, IN.

    Property size:
    13,905 SF
    Lot size:
    1.68 Acres

    Property Features for 1702 East Spring St

    General Information

    Size
    13,905 SF
    Lot size
    1.68 Acres

    Source: Hogan Real Estate Agent Hunter Jacobs

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

    Overview

    Freestanding Building in High-Visibility Location

    This 13,905 square foot freestanding building is available for lease. Situated on 1.68 acres at a signalized intersection in New Albany, Indiana, the property offers high visibility at the corner of East Spring Street and Vincennes Street. Features include a drive-thru, pylon signage, and multiple curb cuts for accessibility. The location is near New Albany’s historic downtown district and is surrounded by a dense residential community. It is also located within a mile of New Albany High School, Hazelwood Middle School, and S. Ellen Jones Elementary School. The surrounding area includes a mix of restaurants, local shops, entertainment venues, and riverfront attractions. New Albany is part of the Louisville MSA, providing access to a large regional customer base via I-64 and I-265. This location is suitable for retailers looking to establish or expand their presence.
    Insight Report Location Intelligence

    Current Use by Public Records

    Walgreens Photo Passport Photo Processor COVID-19 Drive-Thru Testing ... Pharmacy Coinhub Bitcoin ATM ... Atm Walgreens Cosmetics Store Walgreens Pharmacy Pharmacy

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Similar Places Nearby

    Nance Floral Shoppe, Inc.

    Location Insight

    • Map
    • Local Demand
    City
    New Albany
    County
    Floyd
    State
    Indiana
    Longitude
    -85.8061588
    Latitude
    38.2928646

    Nearby Similar for Lease

    • $795,000
      3,374 SF

      Downtown New Albany Opportunity

      Purchase or lease opportunity in vibrant downtown New Albany.
      141 E Main St, New Albany, IN 47150
      View Details
    • $10 SF/Yr
      7,260 SF

      Downtown New Albany Office Space

      Professional office space in growing downtown New Albany.
      700 Pearl St, New Albany, IN 47150
      View Details
    • $4,000 /Mo
      3,566 SF

      Historic Downtown New Albany Office

      Second floor office space with flexible layout in historic building.
      223 E Spring St, New Albany, IN 47150
      View Details
    • Contact for pricing

      Furnished Medical Office Space Available

      Furnished medical office space for sublease in Purdue Research Park.
      4101 Technology Ave, New Albany, IN 47150
      View Details
    • $14 SF/Yr
      3,150 SF

      Cobbler's Place Endcap Retail/Office

      Prime 3,150 sq ft endcap with drive-thru.
      5170 Charlestown Rd, New Albany, IN 47150
      View Details
    • $18 SF/Yr
      1,200 SF

      New Albany Retail/Office Space

      Well-maintained 1,200 SF retail/office space in high-visibility center.
      3823-3831 Charlestown Rd, New Albany, IN 47150
      View Details

    FAQs

    What type of property is this?
    Storefront property - 13,905 SF building with drive-thru in New Albany, IN.
    Where is this storefront property located?
    The property is located at 1702 East Spring St New Albany, IN.
    What are key features of this property?
    This property features: - High-visibility location at a signalized intersection (East Spring St. and Vincennes St.).; - Free-standing building with drive-thru.; - Pylon signage available.
    (502) 639-4727
    Request Owner's contact information
    1702 East Spring St New Albany, IN 47150
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1702 East Spring St
    New Albany, IN 47150
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    1702 East Spring St New Albany, IN 47150
    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.