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    Franklin, IN
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    Franklin, IN Commercial Land for Sale

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    6 properties
    Commercial Land with Existing Building
    Updated: May 5
    Commercial Land with Existing Building

    3480 S Us 31, Franklin, IN 46131

    $299,000
    3.00 AC lot
    3‑acre commercial land parcel
    Existing structure of approximately 1,900+ square feet
    Nearly 650ft of frontage on U.S. Highway 31
    General Commercial zoning
    Existing building was previously used for retail
    View details
    Commercial Land Development Site
    Updated: Jul 29
    Commercial Land Development Site

    3800 N State Road 135, Franklin, IN 46131

    $2,750,000
    Commercial land at 3800 N State Road 135, Franklin, IN 46131
    Utilities available nearby
    Surrounded by established and expanding residential and commercial development
    Proposed residential community under development on 68 acres at the rear
    Located along State Road 135
    View details
    Commercial Development Land Parcel
    Commercial Development Land Parcel

    4000 State Road 135, Franklin, IN 46131

    $4,000,000

    Extensive SR 135 frontage with nearby utilities, suited for commercial or multifamily development planning.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Prime Commercial Development Land For Sale
    Prime Commercial Development Land For Sale

    1760 Thornburg Ln, Franklin, IN 46131

    Contact for pricing
    3.50 AC lot

    1.04-3.5 acres in Franklin, suitable for retail/apartments.

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    Vacant Lot For Sale
    Vacant Lot For Sale

    1079 N Morton St, Franklin, IN 46131

    Contact for pricing

    Vacant lot suitable for storage units in prime location.

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    22 Acre Mixed-Use Development
    22 Acre Mixed-Use Development

    512 S U.S. 31, Franklin, IN 46131

    Contact for pricing
    22.00 AC lot

    22-acre mixed-use development opportunity on US 31 in Franklin, IN.

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    Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 6 Active listings in Franklin, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 66 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    C-2 Commercial Land
    C-2 Commercial Land

    3800 N State Road 135, Bargersville, IN 46106

    $2,750,000
    4.19 AC lot

    Commercial development parcel with C-2 zoning and public sewer service.

    View details
    Prime Commercial Outlot on State Road
    Prime Commercial Outlot on State Road

    000 N State Rd 135 Rd N, Bargersville, IN 46106

    Contact for pricing
    1.64 AC lot

    1.64 acre commercial land with frontage on State Road.

    View details
    Commercial Land with Highway Frontage
    Commercial Land with Highway Frontage

    400 S Us 31, Whiteland, IN 46184

    $3,650,500
    20.86 AC lot

    Commercial land zoned C2 with frontage along US Highway 31, offered for development opportunities in Whiteland, IN.

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    22 Acre Mixed-Use Development Land
    22 Acre Mixed-Use Development Land

    US Hwy 31 & Christian Blvd |, Whiteland, IN 46131

    Contact for pricing
    22.00 AC lot

    22-acre mixed-use development land suitable for office, retail, residential.

    View details

    Off-Market Properties in Franklin, IN

    Consider similar Off-Market properties in Franklin, IN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    4707 State Rd 135
    VACANT COMMERCIAL LAND

    4707 State Rd 135, Franklin, IN 46131-8376

    $225,000
    Estimated value
    1.52 AC lot
    View details
    Us 31
    VACANT COMMERCIAL LAND

    Us 31, Franklin, IN 46131

    $250,000
    Estimated value
    1.90 AC lot
    View details
    150 Water St
    VACANT COMMERCIAL LAND

    150 Water St, Franklin, IN 46131-2427

    $880,000
    Estimated value
    1,554 sqft 0.16 AC lot
    View details
    799 Oyler St
    VACANT COMMERCIAL LAND

    799 Oyler St, Franklin, IN 46131-1513

    $285,000
    Estimated value
    0.16 AC lot
    View details
    751 Hamilton Ave
    VACANT COMMERCIAL LAND

    751 Hamilton Ave, Franklin, IN 46131-1530

    $225,000
    Estimated value
    0.34 AC lot
    View details
    755 Oyler St
    VACANT COMMERCIAL LAND

    755 Oyler St, Franklin, IN 46131-1513

    $255,000
    Estimated value
    0.10 AC lot
    View details
    Westview Dr
    VACANT COMMERCIAL LAND

    Westview Dr, Franklin, IN 46131

    $55,000
    Estimated value
    10.72 AC lot
    View details
    Johnson Ave
    VACANT COMMERCIAL LAND

    Johnson Ave, Franklin, IN 46131

    $185,000
    Estimated value
    0.30 AC lot
    View details
    751 Commerce Dr
    VACANT COMMERCIAL LAND

    751 Commerce Dr, Franklin, IN 46131-9141

    $90,000
    Estimated value
    0.98 AC lot
    View details
    Main St
    VACANT COMMERCIAL LAND

    Main St, Franklin, IN 46131

    $1,640,000
    Estimated value
    0.22 AC lot
    View details
    401 Main St
    VACANT COMMERCIAL LAND

    401 Main St, Franklin, IN 46131-1792

    $1,640,000
    Estimated value
    0.12 AC lot
    View details
    701 Madison St
    VACANT COMMERCIAL LAND

    701 Madison St, Franklin, IN 46131-2148

    $840,000
    Estimated value
    0.25 AC lot
    View details
    701 Madison St
    VACANT COMMERCIAL LAND

    701 Madison St, Franklin, IN 46131-2148

    $840,000
    Estimated value
    0.25 AC lot
    View details
    601 Banta St
    VACANT COMMERCIAL LAND

    601 Banta St, Franklin, IN 46131-1666

    $225,000
    Estimated value
    0.39 AC lot
    View details
    2158 Holiday Ln
    VACANT COMMERCIAL LAND

    2158 Holiday Ln, Franklin, IN 46131-2600

    $575,000
    Estimated value
    16,400 sqft 1.39 AC lot
    View details
    Old Plank Rd
    VACANT COMMERCIAL LAND

    Old Plank Rd, Franklin, IN 46131

    $385,000
    Estimated value
    0.29 AC lot
    View details
    1912 Longest Dr
    VACANT COMMERCIAL LAND

    1912 Longest Dr, Franklin, IN 46131-8812

    $260,000
    Estimated value
    0.08 AC lot
    View details
    791 Commerce Dr
    VACANT COMMERCIAL LAND

    791 Commerce Dr, Franklin, IN 46131-9141

    Value Estimation by Request
    0.98 AC lot
    View details

    Franklin, IN Commercial Land Market Trends and Statistics

    Explore 72 commercial land for sale in Franklin, IN, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 1,241,460 square feet of properties for sale, with an estimated market value of $7,049,000.

    Sale prices for commercial lots in Franklin, IN start at $299,000, averaging $2,349,666, and reaching up to $4,000,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Commercial land 10
    Residential land & home lots 9
    Industrial land 8

    Demographics Overview

    Population 36K
    Population Growth (5Y) +9.7%
    Median Household Income $81,914
    College Educated 34.2%

    High-Yield Neighborhoods for Investment

    Identify Franklin submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    46131 $324K

    Taxes & Financing

    Tax Rate (average for all types) 2.14%
    Property Tax per SF $54.44 per SF
    Tax Rate vs County Average 0.32 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Johnson County

    New Delisted

    Property Size Breakdown

    The majority of commercial real estate listings in Franklin fall within the under-1-acre range.

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