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    Property profile & analytics

    4932 Charlestown Rd New Albany, IN 47150

    • Commercial real estate
    • 2.77 lot acres
    For Sale
    View listing
    Value Estimation
    Location Intelligence
    Property ID
    US31-2118448
    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

    • Danny Short, Realtor / Real Estate Agency

    Property Details for 4932 Charlestown Rd

    Lot size
    2.77 lot acres
    Property type
    Commercial real estate
    APN
    005-25700-29

    Description

    This 2.77-acre parcel, located at the hard corner of Charlestown Road and Autumn Hill Trail in New Albany, Indiana, presents a compelling investment opportunity. Situated in Floyd County (APN 005-25700-29), the property is currently zoned RS and offers significant potential for commercial development, though a variance or zoning change may be required. Its strategic location, just 1.5 miles northeast of I-265 and 1.5 miles southwest of Highway 60, provides exceptional accessibility and visibility. Surrounded by thriving residential neighborhoods exhibiting positive growth trends, this site benefits from a strong existing infrastructure and a desirable demographic profile. The fee simple ownership offers complete control and flexibility for future development plans. The property's size and location make it suitable for a variety of commercial uses, capitalizing on the area's continued expansion and high demand for commercial space. This is a rare opportunity to acquire a substantial land parcel in a prime location with significant upside potential. The property's address is 4932 Charlestown Rd, New Albany, IN 47150.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    New Albany
    County
    Floyd
    State
    Indiana
    Longitude
    -85.781783561628
    Latitude
    38.36281886252

    Comparable in this City

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    4932 Charlestown Rd
    New Albany, IN 47150
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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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