You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
OFF-MARKET
Turn key restaurants

1817 Graybrook Ln New Albany, IN 47150-5156

742 SF 0.68 ac lot Built 1986
Entity Owned 11-yr Hold ~ Est. High Equity
Property ID
US31-2008622
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 allows for a variety of uses, making it ideal for a restaurant, retail store, or other compatible businesses. The address is 1817 Gray Brook Ln, New Albany, IN 47150, within Floyd County (APN: 22-05-02-600-071.000-008). This location offers high visibility and accessibility, ensuring a strong customer base. Furthermore, the property is eligible for a $50,000 Caesar small business loan, providing significant financial assistance for qualified buyers. This is a turnkey opportunity to establish a thriving business in a vibrant community with a strong sense of history and local pride. The property's single-tenancy structure offers simplicity and control, allowing for a seamless transition into your new venture. Don't miss this chance to own a piece of New Albany's heritage and build your business dream.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1986
Construction TYPE NOT SPECIFIED
Total area 742 SF
Lot 0.68 ac (29,621 SF)
APN 22-05-02-600-071.000-008
UPID US31-2008622
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Compound LLC · 11 yrs held
Compound LLC
since 2015
3 recorded transactions
2015
Price N/A
2009
Price N/A
2009
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1817 Graybrook Ln?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message