Financial
Distress signals
Property profile

1817 Graybrook Ln New Albany, IN 47150

OFF-MARKET
Turn key restaurants
Property ID
US31-2008622
742 SF 0.68 ac lot Built 1986
Last sale Apr 2015
Entity Owned Owner of record is a legal entity (LLC / corporation). 11-yr Hold Held for 11 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional 742-square-foot retail space, situated on a 0.68-acre corner lot at 1817 Gray Brook Lane in New Albany, Indiana, presents a rare opportunity for a discerning entrepreneur. Built in 1986, this single-story building boasts a rich history as a beloved local ice cream shop and BBQ establishment, offering immediate brand recognition and community goodwill. The property is currently vacant and ready for immediate occupancy, providing a blank canvas for your vision. The MDR zoning

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?
$3k
Tax billed · 2023
Assessed value$91k
Assessed land$41k
Assessed improvement$50k
Effective rate2.90%

Value estimate

· Sep 2026
$250k
$225k – $275k

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?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

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 agency24.8
Law Firm20.2
Spa & Massage15.9

Location

1817 Graybrook Ln New Albany, IN 47150-5156
County assessor Recorded deeds · 3 transfers Qualifying 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 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
3417 Grant Line, New Albany, IN 47150-3693 $49,000 May 2025 1,641 SF
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
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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