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    2011 Charlestown Rd New Albany, IN 47150

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    For Lease
    Contact for pricing

    7,019 SF Strip Center, 5,693 SF Available

    Lot size:
    7,019 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 7,019 square foot retail strip center, constructed in 2004, is situated on a 1.08-acre lot (46,880 square feet) at 2011 Charlestown Road in New Albany, Indiana, zip code 47150. The property features ample parking with 53 spaces, ensuring convenient access for customers and employees. Currently, a significant portion of the building, totaling 5,693 square feet, is available for lease. The property boasts high visibility and a professional facade, making it an ideal location for businesses seeking to establish a strong presence in a thriving community. The adaptable floor plan offers flexibility for various retail uses. Its prime location and easy accessibility contribute to its significant appeal. This is a rare opportunity to secure a well-maintained retail space in a desirable area of New Albany. The property's multiple tenancy allows for diverse business opportunities within a single location. This property offers a strong foundation for growth and success for any retail business. The building's design and location combine to create a highly attractive and functional retail space.

    Property Features for 2011 Charlestown Rd

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    7,019 SF

    Building Details

    Year Built
    2004

    Unit(s) available at that property

    Space
    Suite A
    Size
    5,693 SF

    HighLights

    • High‑visibility corner location with excellent street frontage.
    • Abundant on‑site parking.
    • Adaptable floor plans to suit various business needs.
    • Excellent accessibility and high‑traffic location for optimal business exposure.
    Property Profile Location Intelligence

    Current Use by Public Records

    Marco's Pizza Pizza Restaurant

    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
    -85.8130523
    Latitude
    38.3045282

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    FAQs

    What type of property is this?
    Neighborhood center - 7,019 SF Strip Center, 5,693 SF Available
    Where is this neighborhood center located?
    The property is located at 2011 Charlestown Rd New Albany, IN.
    What are key features of this property?
    This property features: High-visibility corner location with excellent street frontage.; Abundant on-site parking.; Adaptable floor plans to suit various business needs.
    Request Owner's contact information
    2011 Charlestown Rd New Albany, IN 47150
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    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
    2011 Charlestown Rd New Albany, IN 47150
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