Fabulous location in a high-traffic corridor, ideal for your next investment. Zoned Mixed Density Residential, this vacant lot is surrounded by medical facilities and sits directly across from The Kroger Superstore. The former residence offered approx. 1,700 sq. ft. renovate the existing structure or use the spacious lot to build your own business from the ground up. Enjoy easy access to State Street, I-265, and the bridge into Louisville, keeping you minutes from downtown. Opportunities like this in such a visible, well-traveled location don't come around often. Call today to schedule your private showing!
Vacant landProperty Type
0.55 acresLot Size
$245,455Price/Acres
Listed by Morgan Bauer• Schuler Bauer Real Estate Services ERA Powered (N
New Albany, located between the Ohio River waterfront and I-265, is a historic and walkable New Albany neighborhood with brick-lined blocks and a river-town arts streak. The neighborhood’s character concentrates around the Pearl Street & Bank Street corridor, where galleries, coffee counters, and chef-driven dining sit in restored storefronts. Community pillars include the Carnegie Center for Art & History, New Albany Floyd County Public Library, and the New Albany Farmers Market. Victorian-era homes and converted commercial buildings shape the streetscape, with pocket parks and river views setting the pace. Sidewalks connect to the Ohio River Greenway for cycling and sunset walks. Festivals and live music keep downtown blocks active without feeling loud.
Provided by Walk Score and Local Logic
Property details
Exterior
Finance
Exterior features
0.55-acre lot
Lot dimensions: see lot size
Lot size source: Assessor
Utilities
Sewer available
Electricity on property
Public water connected
Financial info
Annual taxes: $3,217
Electricity and solar
View estimated energy costs and solar savings for this home
The Mixed Density Residential district is intended for the broadest range of residential densities from Single Family Dwellings to Multifamily Dwellings. This district provides a transition from low density residential uses to traditional neighbors and the City’s urban core. The appropriateness of uses and Building types will depend upon compatibility of new Development with the adjacent neighborhood.
Permitted uses
Include but are not limited to:
Housing-Single unit
Housing-Multiple units
Housing-Other
Public service
Post office
Golf related
Park & open space
Climate risks
5/10 Flood Factor
Estimated 21-31% chance of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
5/10 Heat Factor
7 days above 106° expected this year, 21 days in 30 years
2/10 Wind Factor
1% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
New Albany, IN • 47150
Average low and high temperatures (°F)
39
21
49
29
66
42
74
52
76
57
87
67
91
73
88
67
85
60
73
49
59
41
48
33
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
95/ 100
Exceptional sunlight
Sunscore
This home ranks in the top 17% for direct sun exposure in New Albany. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
10.5 hrs
6.3 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 2206 Green Valley Rd
$127,536
$7,464 under list price of $135K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $86K to $293K.