Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
    New search
    Property profile & analytics
    OFF-MARKET Estimated value $605,000
    Strip malls

    3620 Paoli Pike, Floyds Knobs, IN 47119-9787

    20,250 SF 2.04 ac lot Built 2008
    Entity Owned 9-yr Hold Absentee Owner Free & Clear
    Property ID
    US31-2923175
    Property summary
    AI-generated overview

    Located at 3620 Paoli Pike in Floyds Knobs, Indiana (zip code 47119), the Shoppes at Old Hill offers exceptional retail opportunities. This single-story, 20,388 square foot building sits on a 2.03-acre lot and is zoned COMMERCIAL. Currently, there are two suites available, with a minimum divisible space of 1,500 square feet and a maximum contiguous space of 2,975 square feet. A total of 4,475 square feet is currently vacant, presenting a unique chance for businesses seeking immediate occupancy. The property's convenient location in Floyd County, Indiana provides excellent visibility and accessibility for customers. This is an ideal location for businesses seeking a well-maintained, established retail space in a thriving community. The property is easily accessible from Paoli Pike and offers ample parking for customers and employees. Serious inquiries are encouraged to explore this promising retail investment. The property features a single building with multiple suites, providing flexibility for various business needs.

    Property profile
    Verified
    Property type Strip malls
    Use group SHOPPING CENTER, STRIP CENTER
    Year built 2008
    Construction TYPE NOT SPECIFIED
    Total area 20,250 SF
    Lot 2.04 ac (88,906 SF)
    APN 22-04-02-000-001.007-006
    UPID US31-2923175
    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
    $705k
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $500k
    Blend (final) Blend
    $605k
    Owner & transaction history
    Wind Dance Farm INC · 9 yrs held
    Wind Dance Farm INC
    since 2016
    4 recorded transactions
    2016
    2016
    2015
    2012
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Warehouse, storage $820,000 +32.2%
    Medical building $760,000 +22.8%
    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 3620 Paoli Pike?
    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