918 Market St New Albany, IN 47150-2935
Property profile & analytics
918 Market St, New Albany, IN 47150-2935
- Retail space
- 5,400 SF
- 0.15 lot acres
Property ID
US31-1871482
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.
Location Intelligence
Current Use by Public Records
- Michelle L. Riggs, LCSW / Foster Care Service / Social Service Agency
- Corrao Shoes and Repair / Clothing & Fashion Store / (Bike/Boat/Book/etc) Store
Property Details for 918 Market St
- Year built
- 1919
- Construction
- WOOD
- Lot size
- 0.15 lot acres
- Property type
- Retail space
- APN
- 22-05-02-800-924.000-008
- APU
- 220502800924000008
Description
This exceptional New Albany property offers a unique investment opportunity, combining retail space on the first floor with apartment living above. The first floor boasts 2,122 square feet of finished retail space, ideal for a variety of businesses. A spacious unfinished basement adds an additional 1,229 square feet, providing ample storage or expansion potential. The property is zoned commercial and is available for both lease and sale. The lease option includes the first floor and basement, totaling 3,351 square feet, at a monthly rate of $2,250. For those seeking ownership, the entire building, encompassing 5,588 square feet (including the unfinished basement), is offered at a sale price of $320,000. The upper floor currently features a vacant apartment; however, if a lease is signed before closing, the tenant may remain or a buyout may be negotiated. The building is a two-story structure located near E 10th Street, with the property's APN listed as 22-05-02-800-924.000-008. All square footage should be independently verified by prospective buyers. This versatile property presents a compelling opportunity for both retail businesses and investors seeking a strong return. The single-tenant setup offers simplicity and control, while the potential for expansion and diverse income streams makes this a truly attractive proposition.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- New Albany
- County
- Floyd
- State
- Indiana
- Longitude
- -85.8133
- Latitude
- 38.2876
- 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
$3,035
$33,200
$71,500
$104,700
-
$33,200
$71,500
$104,700
