Catylist ID:
#30844086
Auction - Development Land on State Street, New Albany, IN
Vacant Land
for Sale
| Catylist Listing ID: | 30844086 |
| Property Subtypes: | Hospitality, Office, Residential (Single Family), Retail, Retail-Pad, Self Storage |
| Gross Land Area: | 2.31 Acres |
| Sale Price: | See Agent |
| Sale Terms: | Cash to Seller |
| Auction Type: | Disclosed Reserve |
| Auction Reserve Amount: | 750,000 |
| Auction License Number: | AU11200025 |
| Cap Rate: | Undisclosed |
| Last Updated: | 5/26/2023 |
Overview / Comments
|
Sells to the Highest Bidder Above $750,000! Bid online between Monday, June 19th and Thursday, June 22nd. This are of New Albany, Indiana is experiencing an unprecedented development boom. New and surrounding retailers include, Chipotle and Panera which sit right in front of this property. A new Target store and Home Depot are neighbors to the north. Also a new Kroger Grocery is across the street, and this list of retailers barely scratch the surface of new retails popping up on State Street. We are selling 2.31 acres of development land. There is currently a single family home on the property but we expect the new owner will rezone the property and raise the home for commercial development. Click on the "View Auction Website" to register to bid. Development Land Online Published Reserve Auction June 19th - June 22nd Sells to the Highest Bidder Above $750,000 2.31 Acres In the Heart of Tremendous Growth Along State Street |
Additional Details
| Nearest MSA: | Louisville/Jefferson County |
| County: | Floyd |
| Tax ID/APN: | 22-05-02-700-368.000-008 |
| Zoning: | RESIDENTIAL |
| Property Located Between: | State Street & Woodbine Lane |
| Property Visibility: | Fair |
| Largest Nearby Street: | State Street |
| Available Utilities: | Water, Sewer |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 8,545 | 52,462 | 144,936 |
| Median Age: | 35.32 | 37.83 | 37.51 |
| Households: | 3,657 | 21,769 | 59,362 |
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