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    825 Northgate Blvd New Albany, IN 47150

    Sponsored
    For Lease
    $20 SF/Yr

    Class A Office Suites, Flexible Sizes

    Lot size:
    29,790 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional Class A office building, totaling 29,790 square feet, offers a variety of flexible spaces ideal for diverse business needs. Located at the convenient intersection of Grant Line Road and I-265, the property boasts 8 suites within a single, two-story building, constructed in 1999 and extensively renovated in 2022. The building sits on a generous 9.03 acres of land and features modern amenities including elevators. Currently, 5,632 square feet of contiguous space is immediately available, with a minimum divisible space of 2,725 square feet. This allows for businesses of various sizes to find a perfect fit, from smaller executive offices to larger coworking spaces or medical offices. The building's recent renovations ensure a high-quality, modern environment for tenants. The property is well-suited for a range of office styles, including executive, coworking, medical, creative, and traditional office setups. Build-to-suit opportunities are also available, providing further flexibility for prospective tenants. Competitive lease rates are offered to ensure an attractive investment. This prime location and the building's superior condition make it an exceptional opportunity for businesses seeking a high-quality, versatile office space.

    Property Features for 825 Northgate Blvd

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    29,790 SF
    Class
    A
    Total Rate
    49650

    Building Details

    Year Built/Renovated
    1999/2022
    Buildings
    1
    Stories
    2

    Unit(s) available at that property

    Space
    Suite 100
    Size
    2,725 SF
    Rate per SF
    $20
    Space
    Suite 102
    Size
    2,907 SF
    Rate per SF
    $20

    HighLights

    • Class A office building totaling 29,790 square feet.
    • Multiple suites available, ranging from 2,725 to 5,632 contiguous square feet.
    • 5,632 square feet of vacant space immediately available.
    • Located at the highly accessible intersection of Grant Line Road and I‑265.
    • Recently renovated in 2022 with extensive capital improvements.
    • Build‑to‑suit opportunities available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Maximus Auto Group, ... Insurance Broker Neurocare Of Southern Indiana Medical Clinic Joseph F. Seipel, ... Neurologist Baptist Health Medical ... Neurologist Patoka Capital Investment Service

    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
    -85.8148229
    Latitude
    38.3328356

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    FAQs

    What type of property is this?
    Office space - Class A Office Suites, Flexible Sizes
    Where is this office space located?
    The property is located at 825 Northgate Blvd New Albany, IN.
    What is the lease rate?
    The lease rate is $20 SF/Yr.
    What are key features of this property?
    This property features: Class A office building totaling 29,790 square feet.; Multiple suites available, ranging from 2,725 to 5,632 contiguous square feet.; 5,632 square feet of vacant space immediately available.
    Request Owner's contact information
    825 Northgate Blvd 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
    825 Northgate Blvd New Albany, IN 47150
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