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Shawne Mardis

smardis@movingwithmardis.com +1(502) 649-6720

$500,000

Est. payment - /mo

9.19 Acres Lot

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Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID 202508590

Annual Tax Amount $2,120

Lot Size 9.190 Acres

Acres 9.19

Property Description

RARE Development Opportunity in the Heart of New Albany! First time on the market in over 65 years—don't miss your chance to own approximately 9.19± acres of prime real estate along highly visible Paoli Pike/State Street and Binford Road. This unique parcel offers road frontage on two sides & features a mix of level to gently sloping topography, making it ideal for a variety of potential uses. Currently zoned residential, this land holds exceptional potential for patio homes, townhouses, or a thoughtfully designed residential development with possible rezoning. Located just minutes from shopping, dining, medical facilities, & interstate access, the location is as convenient as it is strategic. Priced below recent appraised value, this is a rare opportunity for developers or investors looking to create something special in a sought-after New Albany corridor. Call today for more details or to schedule a walk of the property—opportunities like this don't come around often! Do not attempt to enter white house. It is unsafe.

Location

State IN

County Floyd

Zoning Residential

Direction 265 to Exit 1 - State St becomes Paoli Pike - Property will be on the Left

Interior

Fireplace No

Exterior

View Y/N Yes

Water Access Desc Connected,Public

View Panoramic, Scenic

Street Surface Paved

Building

Lot Description Wooded

Sewer Septic Tank

Water Connected, Public

Others

Tax ID 220502800008000007

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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Listed by RE/MAX FIRST

Nearby Locations

"I have spent nearly 2 decades becoming an expert in Southern Indiana market trends and influences. Now, I'll put my considerable market background to work for you, helping you to identify the best deals, and price your home accurately to assure a quick sale, while maximizing profit. "

+1(502) 649-6720

smardis@movingwithmardis.com

8610 Chapel Hill Court, Charlestown, Indiana, 47130, USA

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2639 & 2705 Paoli PIKE New Albany, IN 47150