Industrial-Residential Development
For Sale
$2,500,000
Pending
4441 Reas Lane, New Albany, IN 47150
LAND - New Albany, IN
Property SizeContact for details
Lot Size97.38 Acres
Days on Market1143
Property Features for 4441 Reas Lane
General Information
Property type
Land
Property subtype
Other
Directions
I-265 to Grantline Rd to Hausfeldt Lane to Reas Lane
Standard status
Pending
APN
22050100002100007
Lot size
97.38 Acres
Taxes and HOA fees
Tax Description
E 1/2 SE 1/4 10-2-6 25.85ac; E1/2 SE 1/4 10-2-6 29.72ac #23 34.21ac #25; 10-2-6 9.6ac #28
Tax Annual Amount
2860
Legal Description
E 1/2 SE 1/4 10-2-6 25.85ac; E1/2 SE 1/4 10-2-6 29.72ac #23 34.21ac #25; 10-2-6 9.6ac #28
Utilities
Water source
Public
Listing Agency:
Baker Commercial Real Estate
(812) 285-0900
Listed By:
Jim Baker · License #RB14028328
(812) 285-0900
Added: Jun 19, 2023
Changed: Aug 3
Last Checked: Aug 4 at 7:06PM
MLS# 202308434
Copyright © 2026 Southern Indiana REALTORS Association. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 97.38-acre parcel is being offered for development and can support an industrial or residential subdivision concept. The property also includes a considerable amount of marketable timber.
The site is located near the New Albany Industrial Park and provides close access to I-265 at Grantline Road, offering practical connectivity for future uses.
Attachments are available showing potential development plans for a residential or industrial subdivision. Prospective buyers should review the provided plans to understand layout concepts and how the acreage may be utilized.
The site is located near the New Albany Industrial Park and provides close access to I-265 at Grantline Road, offering practical connectivity for future uses.
Attachments are available showing potential development plans for a residential or industrial subdivision. Prospective buyers should review the provided plans to understand layout concepts and how the acreage may be utilized.
Key Highlights
- 97.38 acre site suitable for industrial or residential development.
- Excellent location near New Albany Industrial Park.
- Close access to I‑265 at Grantline Road.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
232
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
Market
Vacancy Rate% for Industrial in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Industrial land - 97.38-acre development site near the New Albany Industrial Park with close access to I-265 via Grantline Road.
Where is this industrial land located?
The property is located at 4441 Reas Lane New Albany, IN.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: 97.38 acre site suitable for industrial or residential development.; Excellent location near New Albany Industrial Park.; Close access to I‑265 at Grantline Road.
