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    Property profile & analytics

    3620 Paoli Pike Floyds Knobs, IN 47119

    • Strip malls
    • 20,250 SF
    • 2.04 lot acres
    For Lease
    View listing
    $14 SF/Yr
    Value Estimation
    $760,000
    Location Intelligence
    Property ID
    US31-2923175
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Strip malls

    Property Details for 3620 Paoli Pike

    Year built
    2008
    Construction
    TYPE NOT SPECIFIED
    Lot size
    2.04 lot acres
    Property size
    20,250 SF
    Property type
    Strip malls
    Property subtype
    Neighborhood centers
    APN
    22-04-02-000-001.007-006
    APU
    220402000001007006

    Description

    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.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $705,000

    • CAP approach

      CAP return
      Estimation
      6%
      $995,000
      6.5%
      $1,125,000
      7%
      $1,070,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,060,000
      Geo Method
      $990,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $930,000
      Retail
      $875,000
      Mixed-Use
      $1,150,000
      Hospitality
      $1,025,000
      Educational
      $965,000
      Residential Income
      $1,030,000
      Energy
      $1,025,000
      Income-Based Land
      $1,150,000
      Food Service
      $985,000

    Location Insight

    • Map
    • Local Demand
    City
    Floyds Knobs
    County
    Floyd
    State
    Indiana
    Longitude
    -85.8709
    Latitude
    38.3243
    CBSA code
    31140
    CBSA name
    LOUISVILLE-JEFFERSON COUNTY, KY-IN METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $19,070
    $173,500
    $896,900
    $1,070,400
    -
    $173,500
    $896,900
    $1,070,400

    Comparable in this City

    • Value Estimation by Request
      11,520 SF

      100 Lafollette S Sta

      SHOPPING CENTER, STRIP CENTER • 11,520 SF
      100 Lafollette S Sta, Floyds Knobs, IN 47119-9772
      View Details
    • Value Estimation by Request
      17,050 SF

      758 Highlander Pt Dr

      SHOPPING CENTER, STRIP CENTER • 17,050 SF
      758 Highlander Pt Dr, Floyds Knobs, IN 47119-9682
      View Details
    • Value Estimation by Request
      15,000 SF

      500 Lafollette N Sta

      SHOPPING CENTER, STRIP CENTER • 15,000 SF
      500 Lafollette N Sta, Floyds Knobs, IN 47119-8747
      View Details
    • Value Estimation by Request
      16,920 SF

      400 Lafollette N Sta

      SHOPPING CENTER, STRIP CENTER • 16,920 SF
      400 Lafollette N Sta, Floyds Knobs, IN 47119-9780
      View Details
    • Value Estimation
      $380,000
      4,400 SF

      4620 Williamsburg Sta

      SHOPPING CENTER, STRIP CENTER • 4,400 SF
      4620 Williamsburg Sta, Floyds Knobs, IN 47119-9619
      View Details
    • Value Estimation
      $395,000
      12,544 SF

      753 Highlander Pt Dr

      SHOPPING CENTER, STRIP CENTER • 12,544 SF
      753 Highlander Pt Dr, Floyds Knobs, IN 47119-9682
      View Details

    Similar Nearby for Sale

    • $1,500,000

      Commercial Development Tract on Highway

      7 acre commercial development tract with highway frontage.
      Highway 150, Floyds Knobs, IN 47119
      View Details
    • $170,000
      1.26 Acres

      Floyds Knobs Land For Sale

      1.257-acre cul-de-sac lot in Old Hill Estates Subdivision.
      Old Oak Rdg Lot, Floyds Knobs, IN 47119
      View Details
    • $1,500,000
      2.11 Acres

      Prime Floyd County Commercial Land

      2.11 Acres, General Commercial Zoning
      4630 Williamsburg Sta Rd, Floyds Knobs, IN 47119
      View Details
    • $100,000
      1.45 Acres

      Residential Land in Floyds Knobs

      Platted 1.445 acre residential lot with utilities available.
      1 Jones Ln, Floyds Knobs, IN 47119
      View Details
    • $425,000
      8.77 Acres

      Residential Land in Floyds Knobs

      8.77 acre residential lot with utilities available.
      3037 Martin Rd, Floyds Knobs, IN 47119
      View Details
    • $79,900
      0.41 Acres

      Lakefront Lot Ready to Build

      Lakefront lot in sought-after community, ready for dream home.
      4038 Marquette Dr, Floyds Knobs, IN 47119
      View Details

    Similar Nearby for Lease

    • $14 SF/Yr
      20,388 SF

      Shoppes at Old Hill Retail Space

      Prime Floyd County retail space available. Multiple suites, flexible sizes.
      3620 Paoli Pike, Floyds Knobs, IN 47119
      View Details
    • Contact for pricing
      8,038 SF

      Prime Floyds Knobs Retail Space

      8,038 SF Retail Building, 3,000 SF Available
      3660 Paoli Pike, Floyds Knobs, IN 47119
      View Details
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    Floyds Knobs, IN 47119
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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