Current Use by Public Records
- Retail properties & Spaces
Property Details for 4501 Charlestown Rd
- Property type
- Retail properties & Spaces
- Property subtype
- Restaurants
Description
Three exceptional commercial lots are available for ground lease, build-to-suit, or sale at Northside Crossing in New Albany, Indiana. Located at the northeast corner of Charlestown Road and Lewis A. Endres Parkway, this high-visibility site offers unparalleled access at a signalized intersection. The lots, ranging from 0.74 to 0.86 acres, are zoned commercial and present a unique opportunity for various uses, including restaurants, retail, and financial institutions. Annual ground lease rates are $85,000 for the 0.74-acre and 0.79-acre lots, and $90,000 for the 0.86-acre lot. This development enjoys a prime location, serving as a cornerstone of Southern Indiana's crossroads. The property benefits from excellent visibility and accessibility, situated near established businesses such as Starbucks and German American Bank. The address is 4501 Charlestown Road, New Albany, IN 47150, with the property's APN being 22-05-08-500-061.000-007. This is an exceptional opportunity to establish a presence in a thriving commercial area. The total acreage available across the three lots is approximately 2.39 acres.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- New Albany
- County
- Floyd
- State
- Indiana
- Longitude
- -85.7914
- Latitude
- 38.3547
