Financial
Distress signals
Property profile

105 Security Pkwy New Albany, IN 47150

FOR SALE
Other warehouses
Property ID
US31-2035755
58,800 SF 3.69 ac lot Built 1993
Last sale May 2022
Entity Owned Owner of record is a legal entity (LLC / corporation). 16-yr Hold Held for 16 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property at 105 Security Parkway in New Albany, Indiana is an industrial facility constructed as a concrete tilt-up building in 1993 on a 5.85-acre site, zoned Heavy Industrial (I-2). The building includes a two-story front office and warehouse space with ceiling heights ranging from 17'6" to 22'8". Loading and access features include 18 loading docks with 9' x 10' dock doors equipped with dock locks, lights, and levelers, as well as two 14' x 14' drive-in doors. The building is supported

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included 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?
$57k
Tax billed · 2023
Assessed value$1.96M
Assessed land$202k
Assessed improvement$1.76M
Effective rate2.90%

Value estimate

· Sep 2026
$2.66M
$2.39M – $2.93M
Sales comparison$2.57M
NOI build-up
Gross scheduled income$440k
Vacancy & credit loss−$18k
Operating expenses−$63k
NOI · 5.16% cap applied$359k

Realmo valuation models over county records.

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?
5.16%
$359k 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 agency21.1
Building Supply17.8
Dental Office16.9

Location

105 Security Pkwy New Albany, IN 47150
County assessor Recorded deeds · 2 transfers Comp sales · not on file 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 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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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?”
More about this property
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