Property profile

3118 Grant Line Rd New Albany, IN 47150

OFF-MARKET
Grocery and convenience stores
Property ID
US31-1700875
18,260 SF 2.87 ac lot Built 1993
Entity Owned Free & Clear
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Property profile

Verified
Property type Grocery and convenience stores
Use group GROCERY, SUPERMARKET
Year built 1993
Construction TYPE NOT SPECIFIED
Total area 18,260 SF
Lot 2.87 ac (124,843 SF)
APN 22-05-06-200-138.000-008
UPID US31-1700875

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Specialty Food Shop Supermarket

Location

3118 Grant Line Rd New Albany, IN 47150-2156
New Albany metro Census 70901 LOUISVILLE-JEFFERSON COUNTY, KY-IN METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.79M
Blend (final) Blend
$1.63M

Owner & transaction history

Zoning & alternative use

Top alternative use upside
Restaurant $1.4M +14.5%
Auto repair, garage $1.4M +10.2%

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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