Blackiston Boulevard

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Blackiston Boulevard

New Albany, IN 47150
Asking Price
$475K
Asset Type
Land
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • The land is situated on Blackiston Boulevard in New Albany
  • This parcel of land is currently listed at 475000 dollars
  • The site resides within the growing Louisville metropolitan statistical area
  • It provides strategic positioning near major regional transportation and logistics hubs

What's Special

New Albany serves as a key component of the Louisville metropolitan area, providing essential connectivity to regional logistics and residential growth centers. Situated on Blackiston Boulevard, this land parcel benefits from the steady economic activity characteristic of southern Indiana's expanding suburban markets. The site offers significant flexibility for developers and investors aiming to capitalize on the region's continued infrastructure development and accessibility to major transportation corridors. With proximity to the greater Louisville market, the location remains well-positioned for projects that require regional connectivity or local service access. Prospective buyers can evaluate the site for a range of commercial or industrial developments depending on their specific operational requirements. The plot provides a clear development pathway in a well-established submarket, aligning with the needs of expanding businesses or long-term land banking strategies.

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NOI
$80,000
Cap Rate
16.84%
DSCR
2.84
Strong
Cash-on-Cash
36.35%
Monthly Payment
$2,350.041
Annual Cash Flow
$51,799.51

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