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Property profile & analytics
OFF-MARKET
Land

4501 Charlestown Rd New Albany, IN 47150

0.74 ac lot
Property ID
Property summary
AI-generated overview

Three commercial lots are available for sale at Northside Crossing in New Albany, Indiana. These lots, totaling approximately 2.39 acres, offer exceptional visibility and accessibility at a signalized intersection of Charlestown Road and Lewis A. Endres Parkway. Individual lot sizes range from 0.74 to 0.86 acres, with prices ranging from $900,000 to $1,000,000. The property is ideally situated at the northeast corner of this high-traffic intersection, making it a cornerstone of Southern Indiana's crossroads. This location boasts excellent visibility and access, benefiting from a signalized light on Charlestown Road. The site is perfectly positioned to serve the affluent Floyd Knobs and Sellersburg markets. Nearby established businesses include Starbucks, German American Bank, Meijer, Kohl's, and Kroger, along with Purdue Research Park and IU Southeast. The proximity to Northside Christian Church, with over 5,000 attendees, further enhances the location's appeal. This development presents a unique opportunity for restaurants, retail establishments, medical facilities, and banks. The asking price for the entire parcel is $2,800,000. Options for ground lease or build-to-suit are also available. The property is located at 4501 Charlestown Rd, New Albany, IN 47150.

Property profile
Verified
Property type Land
Lot 0.74 ac (32,234 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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