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    New Albany, IN
    Shopping Center

    New Albany, IN Shopping Centers for Sale

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    Three-Tenant Retail Shopping Center
    Updated: Jul 29
    Three-Tenant Retail Shopping Center

    2241 State St, New Albany, IN 47150

    $3,100,000
    9,000 sqft
    9,000‑square‑foot shopping center
    Three‑tenant retail configuration
    Fully occupied property
    Built in 1996
    Highway Commercial District zoning
    View details
    Multi-Tenant Shopping Center
    Updated: Sep 24
    Multi-Tenant Shopping Center

    624 State St, New Albany, IN 47150

    $2,700,000
    26,812 sqft
    26,812‑square‑foot shopping center built in 1949
    Three lease arrangements, including Dollar General, Bumper to Bumper, and an owner‑guaranteed master lease
    Dollar General lease has five years remaining
    Current owner guarantees the master lease for five years
    Reported capitalization rate is nearly 8%
    View details
    See hot listings in New Albany

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

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    2 active listings match your search: Shopping Center for sale in New Albany, IN. Based on your search, we've also compiled 49 Potential Opportunities for your consideration: 4 properties in nearby cities and 45 off-market properties to explore as potential leads.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Retail Strip Center with Drive-Through
    Retail Strip Center with Drive-Through

    1348 River Rd, Louisville, KY 40206

    $1,625,000
    7,781 sqft

    Multi-space commercial property with restaurant-oriented improvements, outdoor seating, and access to a drive-through configuration.

    View details
    Three-Building Retail Center
    Three-Building Retail Center

    1170 E Lewis And Clark Pkwy, Clarksville, IN 47129

    $15,680,023
    108,050 sqft

    The fully leased center is anchored by Louisville Overstock Warehouse and Dollar Tree.

    View details
    Neighborhood Shopping Center
    Neighborhood Shopping Center

    1416 Eastern Blvd, Clarksville, IN 47129

    $1,700,000
    13,885 sqft

    Established retail center serving nearby residents with service-oriented and daily-needs tenants, convenient access, and on-site parking.

    View details
    Multi-Tenant Shopping Center
    Multi-Tenant Shopping Center

    1961 Brownsboro Rd, Louisville, KY 40206

    $2,095,000
    18,330 sqft

    C-2 commercial zoning, full occupancy, and on-site parking support retail, office, and service-oriented uses.

    View details

    Off-Market Properties in New Albany, IN

    Consider similar Off-Market properties in New Albany, IN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    3899 Charlestown Rd
    WHOLESALE OUTLET, DISCOUNT STORE

    3899 Charlestown Rd, New Albany, IN 47150-9562

    Estimated value:
    $3,175,000
    88,507 sqft 9.97 AC lot
    View details
    4430 Charlestown Rd
    SHOPPING CENTER, STRIP CENTER

    4430 Charlestown Rd, New Albany, IN 47150-9569

    Estimated value:
    $350,000
    12,284 sqft 0.81 AC lot
    View details
    360 Professional Ct, Unit 379
    SHOPPING CENTER, STRIP CENTER

    360 Professional Ct, New Albany, IN 47150-9490

    Unit 379
    Estimated value:
    $455,000
    14,490 sqft 1.76 AC lot
    View details
    3400 Grant Line Rd
    SHOPPING CENTER, STRIP CENTER

    3400 Grant Line Rd, New Albany, IN 47150-2135

    Estimated value:
    $645,000
    57,803 sqft 3.78 AC lot
    View details
    1931 Grant Line Rd
    SHOPPING CENTER, STRIP CENTER

    1931 Grant Line Rd, New Albany, IN 47150-4030

    Estimated value:
    $290,000
    19,952 sqft 1.44 AC lot
    View details
    824 University Woods Dr
    SHOPPING CENTER, STRIP CENTER

    824 University Woods Dr, New Albany, IN 47150-2426

    Estimated value:
    $640,000
    23,560 sqft 2.30 AC lot
    View details
    4510 Charlestown Rd
    SHOPPING CENTER, STRIP CENTER

    4510 Charlestown Rd, New Albany, IN 47150-8513

    Estimated value:
    $440,000
    14,365 sqft 1.28 AC lot
    View details
    2916 2936th Grantline Rd
    SHOPPING CENTER, STRIP CENTER

    2916 2936th Grantline Rd, New Albany, IN 47150

    Estimated value:
    $435,000
    11,220 sqft 1.58 AC lot
    View details
    2316 State St
    SHOPPING CENTER, STRIP CENTER

    2316 State St, New Albany, IN 47150

    Estimated value:
    $670,000
    29,289 sqft 2.67 AC lot
    View details
    3891-3895 Charlestown Rd
    SHOPPING CENTER, STRIP CENTER

    3891-3895 Charlestown Rd, New Albany, IN 47150

    Estimated value:
    $1,685,000
    12,000 sqft 1.76 AC lot
    View details
    2614 Charlestown Rd
    SHOPPING CENTER, STRIP CENTER

    2614 Charlestown Rd, New Albany, IN 47150

    Estimated value:
    $3,010,000
    66,652 sqft 5.96 AC lot
    View details
    3602 Northgate Ct
    SHOPPING CENTER, STRIP CENTER

    3602 Northgate Ct, New Albany, IN 47150-6417

    Estimated value:
    $355,000
    15,180 sqft 1.21 AC lot
    View details
    3602 Northgate Ct
    SHOPPING CENTER, STRIP CENTER

    3602 Northgate Ct, New Albany, IN 47150-6417

    Estimated value:
    $340,000
    15,400 sqft 1.16 AC lot
    View details
    345 New Albany Plz
    SHOPPING CENTER, STRIP CENTER

    345 New Albany Plz, New Albany, IN 47150-4653

    Estimated value:
    $1,560,000
    83,084 sqft 14.65 AC lot
    View details
    2441 State St
    SHOPPING CENTER, STRIP CENTER

    2441 State St, New Albany, IN 47150-4962

    Estimated value:
    $895,000
    29,470 sqft 3.31 AC lot
    View details
    2595 Charlestown Rd
    SHOPPING CENTER, STRIP CENTER

    2595 Charlestown Rd, New Albany, IN 47150-2551

    Estimated value:
    $260,000
    5,721 sqft 0.53 AC lot
    View details
    2239 State St
    WHOLESALE OUTLET, DISCOUNT STORE

    2239 State St, New Albany, IN 47150-4924

    Estimated value:
    $8,550,000
    118,371 sqft 11.83 AC lot
    View details
    2706 Paoli Pike
    SHOPPING CENTER, STRIP CENTER

    2706 Paoli Pike, New Albany, IN 47150-5101

    Estimated value:
    $250,000
    7,779 sqft 0.96 AC lot
    View details
    2702 Paoli Pike
    SHOPPING CENTER, STRIP CENTER

    2702 Paoli Pike, New Albany, IN 47150-5111

    Estimated value:
    $270,000
    6,842 sqft 0.97 AC lot
    View details
    3003 Charlestown Xing Way
    SHOPPING CENTER, STRIP CENTER

    3003 Charlestown Xing Way, New Albany, IN 47150

    Estimated value:
    $355,000
    9,348 sqft 0.84 AC lot
    View details
    3827 Charlestown Rd
    SHOPPING CENTER, STRIP CENTER

    3827 Charlestown Rd, New Albany, IN 47150-9562

    Estimated value:
    $415,000
    10,500 sqft 1.05 AC lot
    View details
    3105 Blackiston Ml Rd
    SHOPPING CENTER, STRIP CENTER

    3105 Blackiston Ml Rd, New Albany, IN 47150-9536

    Estimated value:
    $520,000
    22,849 sqft 4.65 AC lot
    View details

    New Albany, IN Shopping Centers Market Trends and Statistics

    Explore 47 shopping centers for sale in New Albany, IN on our real estate platform. These investment opportunities span a total of 35,812 square feet of properties for sale, with an estimated market value of $5,800,000.

    Sale prices for plazas in New Albany, IN start at $2,700,000, averaging $2,900,000, and reaching up to $3,100,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Storefront properties 10
    Shopping centers 6
    Grocery and convenience stores 1

    Demographics Overview

    Population 50K
    Population Growth (5Y) +3.7%
    Median Household Income $62,212
    College Educated 18.3%

    High-Yield Neighborhoods for Investment

    Identify New Albany submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    47150 $2.9M

    Taxes & Financing

    Tax Rate (average for all types) 2.56%
    Property Tax per SF $33.47 per SF
    Tax Rate vs County Average 0.20 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Floyd County

    New Delisted

    Total CRE Inventory on Market (SF)

    How Realmo verifies these figures

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    • 47150

    Featured New Albany Real Estate Agencies

    Realmo connects you with licensed New Albany CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Keller Williams Realty Consultants
    4317 Charlestown Road, Suite 3 New Albany, IN 47150
    Phone: (502) 773-2564
    www.KWSoIN.com
    Coldwell Banker McMahan
    5150 Charlestown Rd., Ste 1 New Albany, IN 47150
    Phone: (812) 949-0202
    www.cbmcmahan.com
    Schuler Bauer Real Estate Services
    4206 Charlestown Rd New Albany, IN 47126
    Phone: (812) 948-2888
    www.SchulerBauer.com
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