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7040 S Franklin Rd - 7040 S. Franklin Road 5 Acres of Commercial Land Offered at $1,368,340 CAD in Indianapolis, IN 46259



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
Senior Housing, Retail, Multi Family,
Medical Office
Property Facts
| Price | $1,368,340 CAD | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | Commercial |
| No. Lots | 1 | Total Lot Size | 5.00 AC |
| Property Type | Land | No. Stories | 1 |
| Zoning | DA - Residential - City is open to a rezone to a commercial use. | ||
| 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 | Lot Size | 5.00 AC |
| Price Per AC | $273,668.05 CAD |
| 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
1 1
Somewhat walkable
30/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 49-16-18-121-004.000-300 | Improvements Assessment | $774,845 CAD |
| Land Assessment | $82,183 CAD | Total Assessment | $857,028 CAD |
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
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7040 S Franklin Rd - 7040 S. Franklin Road
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