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Property profile & analytics
OFF-MARKET
Office Spaces

418 Vincennes St New Albany, IN 47150-3054

720 SF 0.11 ac lot Built 1930
Entity Owned ~ Est. High Equity
Property ID
US31-1564743
Property summary
AI-generated overview

This 720-square-foot mixed-use property at 418 Vincennes Street in New Albany, Indiana, is available for $280,000. Currently vacant, this property presents a unique opportunity for a variety of businesses. Previously used as a car lot, the property boasts excellent road frontage and a large lot size, all situated just off the busy intersection of Spring and Vincennes Streets. The property includes three parcels, offering ample space for development or expansion. The Mixed Use Corridor Commercial (MC) zoning allows for a wide range of potential uses, making it an ideal location for entrepreneurs and established businesses alike. Recent updates to the mechanical systems ensure the building is ready for immediate occupancy. The property's prime downtown location offers high visibility and easy access to local amenities and transportation. The Floyd County address (APN 22-05-02-801-899.000-008) and convenient 47150 zip code add to its appeal. This is a rare opportunity to acquire a versatile commercial property in a thriving Indiana city. The entire 720 square feet is net rentable.

Property profile
Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 1930
Construction WOOD
Total area 720 SF
Lot 0.11 ac (4,835 SF)
APN 22-05-02-801-899.000-008
UPID US31-1564743
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
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Metagit LLC
Metagit LLC
since 2025
4 recorded transactions
2025
Price N/A
2024
Price N/A
2024
Price N/A
2021
$189,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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