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Investment Highlights

  • Close proximity to Kroger/retail development in Franklin Township
  • Fast growing area with significant number of rooftops under development

Executive Summary

POTENTIAL USES:
Senior Housing, Retail, Multi Family,
Medical Office

Property Facts

Price $1,368,340 CAD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Commercial
Total Lot Size 5.00 AC
No. Stories 1
Zoning DA - Residential - City is open to a rezone to a commercial use.

1 Lot Available

Lot

Price $1,368,340 CAD
Price Per AC $273,668.05 CAD
Lot Size 5.00 AC

Franklin Township is rapidly growing and this parcel is prime for development. Situated on Franklin road just south of the new Kroger development, this 5 acre parcel offers ample room for commercial development. Apartments are being developed across

Description

development. Situated on Franklin road just south of the new Kroger development, this 5 acre parcel offers ample room for commercial development. Apartments are being developed across the street as

Somewhat walkable
30/100
Exceptionally drivable
100/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Number
49-16-18-121-004.000-300
Land Assessment
$82,183 CAD
Improvements Assessment
$774,845 CAD
Total Assessment
$857,028 CAD
  • Listing ID: 28927981

  • Date on Market: 2023-07-06

  • Last Updated:

  • Address: 7040 S Franklin Rd, Indianapolis, IN 46259

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