5170 Charlestown RdNew Albany, IN 47150

  • Strip malls
  • 9,750 SF
For Lease
$14.50/SF/YR View listing

Property Details for 5170 Charlestown Rd

Year built
2005
Construction
TYPE NOT SPECIFIED
Lot size
1.18 AC
Property size (Sq ft)
9,750 SF
Property type
Strip malls
Property subtype
Neighborhood centers
APN
22-05-08-600-351.000-007
APU
220508600351000007

Description

This exceptional 3,150 square foot endcap space, located in the thriving Cobbler's Place shopping center in New Albany, Indiana, presents a unique opportunity for a variety of businesses. The property boasts a convenient drive-thru, ideal for quick service or retail operations. Built in 2013, this single-story building sits on a 1.18-acre lot and features a contemporary layout. The interior includes a spacious reception area, three private offices with glass partitions, a substantial retail floor area perfect for display and customer interaction, a dedicated break room, and two restrooms. The property's former use as a bank provides a solid foundation for various businesses. Its location next to Walgreens and CVS ensures high visibility and foot traffic. The area is experiencing significant growth, with a median household income of $82,398 within a one-mile radius. The property's strategic location, two miles north of the I-265 interchange on Charlestown Road/Highway 311, benefits from a high average annual daily traffic count of 12,735 vehicles. The strong tenant mix within the center, including a chiropractor, pizza restaurant, and nail salon, creates a vibrant and attractive environment. This versatile space is zoned C-1 and is well-suited for medical, dental, or restaurant users. The property's APN is 22-05-08-600-351.000-007. The entire 3,150 square feet is currently vacant, offering immediate occupancy.

Location Insight

City
New Albany
County
Floyd
State
Indiana
Latitude
38.3667
Longitude
-85.7772
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
$15,092
$301,800
$610,900
$912,700
-
$301,800
$610,900
$912,700

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