Property profile

401 State St New Albany, IN 47150

OFF-MARKET
Grocery and convenience stores
Property ID
US31-1702457
1,624 SF 0.34 ac lot Built 1995
Entity Owned 5-yr Hold Free & Clear
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Property profile

Verified
Property type Grocery and convenience stores
Use group CONVENIENCE STORE
Year built 1995
Construction WOOD
Total area 1,624 SF
Lot 0.34 ac (14,810 SF)
APN 22-05-00-200-092.000-008
UPID US31-1702457

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
  • Grocery & Convenience Store
  • Atm

Location

401 State St New Albany, IN 47150-3618
New Albany metro Census 70500 LOUISVILLE-JEFFERSON COUNTY, KY-IN METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$965k
CAP Approach CAP
$1.27M
Comparable Approach Comparable
by Request
Blend (final) Blend
$930k

Owner & transaction history

since 2021
Last sale
$926,533
1 recorded transaction
2021
$926,533

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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