Financial
Distress signals
Property profile

3417 Grant Line Rd New Albany, IN 47150

FOR LEASE
Retail space
Property ID
US31-1706014
1,641 SF 4.86 ac lot Built 1969
Last sale Jan 2009 · $49,000
Entity Owned Owner of record is a legal entity (LLC / corporation). Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$19k
Tax billed · 2023
Assessed value$846k
Assessed land$456k
Assessed improvement$390k
Effective rate2.20%

Value estimate

· Sep 2026
$60k
$54k – $66k
NOI build-up
Gross scheduled income$253k
Vacancy & credit loss−$13k
Operating expenses−$72k
NOI · 1,404,483.33% cap applied$169k

Realmo valuation models over county records and 10 qualifying comparable sales.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?
1,404,483.33%
$169k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionFLOYD

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency31.8
Law Firm21.6
Restaurant21.5

Location

3417 Grant Line Rd New Albany, IN 47150
County assessor Recorded deeds · 7 transfers 10 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
609 Vincennes, New Albany, IN 47150-3049 $57,000 May 2024 1,200 SF
2626 Charlestown, New Albany, IN 47150-2529 $275,000 Jun 2022 2,240 SF
800 State, New Albany, IN 47150-4738 $1,034,000 Oct 2021 2,585 SF
623 Indiana, New Albany, IN 47150-1761 $60,000 Aug 2021 1,131 SF
401 State, New Albany, IN 47150-3618 $926,533 Jul 2021 1,624 SF
2541 Cannon, New Albany, IN 47150-3710 $55,000 Jun 2020 1,080 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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