Property summary
The property is located in downtown New Albany at 20 Third Street, positioned along the local commercial corridor near Market Street and the central business district, with adjacency to an established church and convenient access to SR-161. It provides flexible office and medical space ranging from approximately 4,333 to 9,260 square feet, configured in drywall shell condition with high ceilings, open layout, framed walls, and roughed-in utilities to support tenant-specific buildout. The site includes a private driveway and a private entrance, with 23 dedicated parking spaces, supporting uses such as general office, medical, school, daycare, therapy, and adult care facilities.
Property profile
VerifiedCap rate & NOI
Current use
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Church
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High School Daycare Center
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Adult Day Care
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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.
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