Commercial Potential | Vacant Land | New Albany, IN

Vacant Land for Sale
Call for Offers
Catylist Listing ID: 30851932
Property Subtypes: Hospitality, Multi-Family, Office, Residential (Single Family), Retail, Retail-Pad, Other
Gross Land Area: 2.77 Acres
Sale Price: See Agent
Land Splits Available: Yes
Sale Terms: Cash to Seller
Call for Offers: Yes
Cap Rate: Undisclosed
Last Updated: 6/17/2024

Overview / Comments

Listed in cooperation with Jesse Niehaus of Semonin Realtors, this 2.77 acre parcel located at the corner of Charlestown Road at Autumn Hill Trail has commercial potential for many use types. The property is currently zoned RS (Floyd County, IN) and would require a variance or change of zoning for a commercial use.

Ideally situated 1.5 miles northeast of I-265 and 1.5 miles southwest of Highway 60, the property sits at a hard corner surrounded by desirable neighborhoods with positive growth trends.

Additional Details

Nearest MSA: Louisville/Jefferson County
County: Floyd
Taxing Authority: Floyd County, IN
Tax ID/APN: 005-25700-29
Property Visibility: Excellent
Legal Description: PRT 86 ILL GNT; 2.768; AC
Largest Nearby Street: Charlestown Road (HWY 311)
Feet of Frontage: 282
Traffic/Vehicle Count: 15,100
Airports: Louisville International Airport & Clark County Regional Airport
Site Description: Corner lot consisting of 2.77+/- acres. Currently zoned residential with commercial potential
Lot Frontage: 282
Lot Depth: 379
Zoning Description: Currently zoned RS (Floyd County Zoning). The adjacent property received a variance for a commercial use recently. Any commercial project will require a change of zoning or a variance.
Topography: Level
Available Utilities: Electric, Water, Gas, Sewer, Cable, Broadband, Internet Access
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,746 41,244 106,814
Median Age: 46.01 39.04 37.88
Households: 550 16,434 43,716


Photograph of Listing Agent

Ryan B Pennington

Seven Development, LLC KCREA Member
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