1929 Mcdonald Ln New Albany, IN 47150
- Strip malls
- 20,000 SF
- 2.15 lot acres
Current Use by Public Records
- Cato Fashions / Women'S Clothing Store
Property Details for 1929 Mcdonald Ln
- Year built
- 2004
- Construction
- TYPE NOT SPECIFIED
- Lot size
- 2.15 lot acres
- Property size
- 20,000 SF
- Property type
- Strip malls
- Property subtype
- Neighborhood centers
- APN
- 22-05-06-200-162.000-008
- APU
- 220506200162000008
Description
Grant Line Crossing, located at 1929 McDonald Lane in New Albany, Indiana, presents a prime retail opportunity. This 11,569 square foot retail center sits on a 0.89-acre lot in Floyd County (zip code 47150) and is currently fully vacant, offering a unique chance for multiple tenants or a single large occupant. The property features four suites, with a minimum divisible space of 1,600 square feet and a maximum contiguous space of 5,644 square feet. A former freestanding restaurant space of 5,644 square feet is available, along with other smaller units. The center benefits from a highly visible location on Grant Line Road, shadow-anchored by a Walmart. Its convenient access from I-265 contributes to high traffic volume, with an average of 20,400 daily commuters passing by. This makes Grant Line Crossing an ideal location for businesses seeking high visibility and accessibility in a thriving retail market. The property's total building size is 11,569 square feet, offering flexibility for various retail concepts. The strategic location and ample space make this an exceptional investment opportunity. Serious inquiries are encouraged to explore the possibilities of this well-positioned retail center.
Value Estimation
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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
- -85.8182
- Latitude
- 38.3222
- CBSA code
- 31140
- CBSA name
- LOUISVILLE-JEFFERSON COUNTY, KY-IN METROPOLITAN STATISTICAL AREA
