Entity Owned Property summary
This exceptional redevelopment opportunity presents a substantial 86,136 square foot storefront located at 1502 Beeler Street in New Albany, Indiana. The property, situated on a 1.03-acre lot (APN: 22-05-04-201-391.000-008), is zoned T-R and offers significant potential for various uses. The two-story building, constructed in 1926 and renovated in 1960, boasts impressive features including a 20-foot ceiling height in the manufacturing area, one loading dock, and one freight elevator. The… expansive floorplates, approximately 35,625 square feet each, provide ample space for a wide range of commercial ventures. The manufacturing area encompasses roughly 60,000 square feet, featuring columns spaced 18 feet east-west and 13 feet 6 inches north-south. In addition to the manufacturing space, there is approximately 2,700 square feet of office space, complete with a main office, lobby, multiple restrooms, a cafeteria, and a supply room. The asking price is $2,000,000, translating to $23.22 per square foot. This property's prime location across from New Albany High School makes it an attractive investment with high visibility and accessibility. The building's size and unique features offer a rare chance to reshape a significant piece of New Albany's commercial landscape. This is a truly unique opportunity for a discerning investor seeking a substantial redevelopment project in a thriving Indiana community.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Sep 2026Realmo valuation models over county records.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
4 recorded sales · 10 properties nearbyComparable nearby
Similar Nearby for Sale
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 86,136 SF
- Lot area
- 0.97 ac
- Year built
- 1926
- Stories
- 3
- APN
- 22-05-04-201-391.000-008
- Assessed value · 2023
- $518,800
- Annual tax · 2023
- $15,036
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
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- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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