Listing Agency: NextHome Wilson Real Estate

Listed By: Stephannie Wilson · License #RB14039714 Show Phone

Source: Compass

Added: Aug 11, 2025 Changed: Sep 2 Last Checked: Sep 1 at 11:18PM

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Investment Insights

Based on property information with market context.

This .010-acre corner lot is located in downtown New Albany, offering potential for building, investment, or expansion. The property is situated in a walkable area surrounded by shops, restaurants, and revitalized development, providing convenience and visibility. Utilities are available at the road, and the buyer is responsible for verifying all connections, zoning, and intended use. This lot is suitable for a small build, signage, parking, or other urban concept.

Key Highlights

• Prime location in the heart of booming Downtown New Albany.
• High visibility corner lot.
• Incredible potential for building, investment, or portfolio expansion.

Property Analytics

Property Profile

Current Use

Commercial land

Suggested Use

Top Pick Dental Office Real Estate Agency Restaurant Skin Care Clinic (Bike/Boat/Book/etc) Store Building Supply

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

376

Businesses Nearby

Explore this area Business Placement

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

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Commercial land - Prime corner lot in revitalized downtown New Albany.

Where is this commercial land located?

The property is located at 1237 Clark Street New Albany, IN.

What are key features of this property?

This property features: Prime location in the heart of booming Downtown New Albany.; High visibility corner lot.; Incredible potential for building, investment, or portfolio expansion.