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    1502 Beeler St New Albany, IN 47150

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    For Sale
    $2,000,000

    86,136 SF building on 1.03 acres near downtown.

    Property size:
    86,136 SF
    Lot size:
    1.00 Acres

    Property Features for 1502 Beeler St

    General Information

    Size
    86,136 SF
    Lot size
    1.00 Acres

    Source: Commercial Kentucky, Inc. Agent Sam F. Gray

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

    Overview

    Former Packaging Facility For Sale

    The property is a former packaging facility encompassing approximately 86,136 square feet and situated on a 1.03-acre lot. The two-story building includes a lower level. It is located just north of downtown New Albany, across the street from New Albany High School. The property is zoned T-R and presents an excellent redevelopment opportunity.
    Insight Report Location Intelligence

    Current Use by Public Records

    Graphic Packaging International Packaging Company

    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.

    Location Insight

    • Map
    • Local Demand
    City
    New Albany
    County
    Floyd
    State
    Indiana
    Longitude
    -85.8129647
    Latitude
    38.2967645

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    FAQs

    What type of property is this?
    Retail property - 86,136 SF building on 1.03 acres near downtown.
    Where is this retail property located?
    The property is located at 1502 Beeler St New Albany, IN.
    What is the asking price?
    The asking price for this property is $2,000,000.
    What are key features of this property?
    This property features: - Excellent redevelopment opportunity; - Large building size: **86,136 sf**; - Located just north of downtown New Albany
    (502) 523-8582
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    1502 Beeler St 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
    1502 Beeler St New Albany, IN 47150
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