Franklin, IN Commercial Real Estate for Sale

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Updated: Apr 26, 2024

Franklin Industrial Hub Warehouse Space

1450 Commerce Parkway, Franklin, IN 46131

$12,000,000

178,060 sqft 32.60 AC lot

Prime location in Johnson County's industrial hub
Substantial 178,060 sq ft manufacturing and warehouse space
Large 32.6‑acre lot with room for expansion
Equipped with heavy power and multiple cranes
Multiple loading docks for efficient operations

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This listing looks promising.

Here's a quick look at some key insights for

1450 Commerce Parkway, Franklin, IN 46131

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Est. Cap Rate

8.1%
Above avg (5.9%)
Est. NOI

$967K
Annual
Price @ 7% Cap

$13.81M
Above asking
Property Type

Manufacturing (Light)
Built 1994

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Updated: May 5

Commercial Land with Retail Building

3480 S Us 31, Franklin, IN 46131

$299,000

3.00 AC lot

3‑acre commercially zoned property along U.S. Highway 31 in Franklin
Nearly 650 ft of frontage on US‑31 for strong visibility and easy access
Existing structure with approximately 1,900+ SF, previously used as retail space
Zoning supports multiple commercial applications, including auto repair and retail
Also listed for uses such as child care, with additional residential or office potential mentioned

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Corporate-Backed Drive-Thru Restaurant Ground Lease

2490 North Morton Street, Franklin, IN 46131

$3,000,000

5,512 sqft

New 15-year corporate-backed Chick-fil-A ground lease with absolute NNN structure and a double-stack drive-thru concept.

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Turnkey Medical Office Building

950 W JEFFERSON ST, Franklin, IN 46131

$475,000

3,000 sqft

Move-in-ready medical/office space with central HVAC, two entrances, and an unfinished basement for storage or future buildout.

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Industrial Flex Building with Outside Storage

159 Cincinnati Street, Franklin, IN 46131

$749,000

Flexible industrial space with outdoor storage, truck maneuvering areas, and on-site parking for multiple operating needs.

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Business Opportunities for sale

4170 U.S. 31 South, Franklin, IN 46131

$1,150,000

139,392 sqft 3.20 AC lot

139,392 SF Pet Shops & Supplies in Johnson County

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Cleared Commercial Lot with Parking

252 South Main Street, Franklin, IN 46131

$349,000

19,301 sqft 0.44 AC lot

Buildable commercial lot with public parking, cleared for development with a small south-side garage remaining.

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Franklin Industrial Space with Rail Access

800 Industrial Dr, Franklin, IN

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64,480 sqft 20.42 AC lot

64,480 SF industrial space with expansion capabilities and rail access.

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Light Industrial Land with Rail Access

0 300 North Drive, Franklin, IN 46131

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36.76 AC lot

I1-zoned industrial land with on-site sewer and utilities at the street, plus Louisville & Indiana railroad frontage for a spur possibility.

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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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Franklin Industrial Land Available

3113 Graham Rd, Franklin, IN 46131

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35.14 AC lot

35.14 acres of industrial land in Franklin, Indiana.

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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

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

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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 13 Active listings in Franklin, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 59 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.

16-Acre Partially Wooded Lot

437 North State Road 135, Bargersville, IN 46106

$749,999

690,426 sqft 16.00 AC lot

16-acre partially wooded lot, perfect for building your dream home.

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R1 Zoned Commercial Land Site

W State Road 144, Bargersville, IN 46106

$1,100,550

7.59 AC lot

Multi-utility, improved lot with nearly 600 feet of frontage on Old Plank Road, positioned in Center Grove School.

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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

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.

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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.

MANUFACTURING (LIGHT)

600 International Dr, Franklin, IN 46131-9756

Value Estimation by Request

6,390 sqft 1.22 AC lot

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MANUFACTURING (LIGHT)

800 Industrial Dr, Franklin, IN 46131-9619

$3,605,000

Estimated value

64,238 sqft 20.41 AC lot

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OFFICE (GENERAL)

40 Water St, Franklin, IN 46131-2338

Value Estimation by Request

4,366 sqft 0.05 AC lot

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THEATER (MOVIE)

250 14th St, Franklin, IN 46131-1106

Value Estimation by Request

4,452 sqft 2.87 AC lot

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VACANT COMMERCIAL LAND

4707 State Rd 135, Franklin, IN 46131-8376

Value Estimation by Request

1.52 AC lot

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RETAIL STORES (PERSONAL SERVICES)

249 Jefferson St, Franklin, IN 46131-2345

Value Estimation by Request

1,680 sqft 0.12 AC lot

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RETAIL STORES (PERSONAL SERVICES)

4677 State Rd 135, Franklin, IN 46131-8377

Value Estimation by Request

2,688 sqft 0.39 AC lot

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OFFICE (GENERAL)

198 Main St, Franklin, IN 46131-1721

Value Estimation by Request

3,176 sqft 0.22 AC lot

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COMMERCIAL (GENERAL)

460 Hurricane St, Franklin, IN 46131-1802

Value Estimation by Request

790 sqft 0.08 AC lot

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COMMERCIAL (GENERAL)

3065 R J Pkwy, Franklin, IN 46131-7335

Value Estimation by Request

7,000 sqft 1.98 AC lot

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RETAIL STORES (PERSONAL SERVICES)

500 Earlywood Dr, Franklin, IN 46131-9711

$3,190,000

Estimated value

29,826 sqft 1.61 AC lot

View details

Franklin, IN Commercial Real Estate Market Trends and Statistics

Explore 72 commercial real estate for sale in Franklin, IN, showcased through 13 active listings on our real estate platform. These investment opportunities span a total of 409,745 square feet of properties for sale, with an estimated market value of $18,022,000.

Sale prices for business properties in Franklin, IN start at $299,000, averaging $2,574,571, and reaching up to $12,000,000 — 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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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	$2.6M

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 100,000+ square foot range.

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Franklin, IN Commercial Real Estate for Sale

1450 Commerce Parkway, Franklin, IN 46131

3480 S Us 31, Franklin, IN 46131

2490 North Morton Street, Franklin, IN 46131

950 W JEFFERSON ST, Franklin, IN 46131

159 Cincinnati Street, Franklin, IN 46131

4170 U.S. 31 South, Franklin, IN 46131

252 South Main Street, Franklin, IN 46131

800 Industrial Dr, Franklin, IN

0 300 North Drive, Franklin, IN 46131

1760 Thornburg Ln, Franklin, IN 46131

3113 Graham Rd, Franklin, IN 46131

1079 N Morton St, Franklin, IN 46131

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

Opportunities in Nearby Cities

437 North State Road 135, Bargersville, IN 46106

W State Road 144, Bargersville, IN 46106

400 S Us 31, Whiteland, IN 46184

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

Off-Market Properties in Franklin, IN

600 International Dr, Franklin, IN 46131-9756

800 Industrial Dr, Franklin, IN 46131-9619

40 Water St, Franklin, IN 46131-2338

250 14th St, Franklin, IN 46131-1106

4707 State Rd 135, Franklin, IN 46131-8376

249 Jefferson St, Franklin, IN 46131-2345

4677 State Rd 135, Franklin, IN 46131-8377

198 Main St, Franklin, IN 46131-1721

460 Hurricane St, Franklin, IN 46131-1802

3065 R J Pkwy, Franklin, IN 46131-7335

500 Earlywood Dr, Franklin, IN 46131-9711

Franklin, IN Commercial Real Estate Market Trends and Statistics

Demographics Overview

High-Yield Neighborhoods for Investment

Taxes & Financing

Listings Trend

Property Size Breakdown

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