Franklin, IN Land for Sale

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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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Updated: Dec 12, 2025

Franklin Residential Building Site

W State Road 44 (Lot 2A), Franklin, IN 46131

$235,000

4.27 AC lot

Large 4.27‑acre building site offers ample space and potential.
Conveniently located near Franklin, balancing accessibility and country living.
No HOA or building restrictions provide freedom and flexibility.
DOT‑approved driveway easement ensures legal access.
Peaceful country living environment.

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Prime Commercial Development Land For Sale

1760 Thornburg Ln, Franklin, IN 46131

$1,450,000

3.50 AC lot

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

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Land Available in Franklin, IN

363 Paris Dr, Franklin, IN

Contact for pricing

2.70 AC lot

Land for sale at 363 Paris Dr, Franklin, IN.

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Land For Sale Franklin, IN

2105 E King St, Franklin, IN

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2.82 AC lot

Land available for sale in Franklin, Indiana.

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Land For Sale Franklin

Paris Dr, Franklin, IN

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0.31 AC lot

Land available for sale in Franklin, Indiana.

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Land for Sale

1679 Mill Pond Lane, Franklin, IN 46131

$111,100

Land available in Johnson County.

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Franklin Land Along US-31

2662 US 31 S, Franklin, IN 46131

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10.00 AC lot

10 acres of land available along US-31 in Franklin, IN.

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Land for Mixed-Use Development

US Hwy 31, Franklin, IN

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22.00 AC lot

Land available for mixed-use development with flexible lot sizes.

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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

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Vacant lot suitable for storage units in prime location.

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Prime Corner Location Land

0 E. State Road 44, Franklin, IN

$2,595,000

5.19 AC lot

Corner lot in Franklin Tech Park with high visibility.

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Industrial Land on US Hwy 31

400 N, Franklin, IN

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425.00 AC lot

Industrial land with highway frontage in Franklin Economic Development Area.

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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 77 Potential Opportunities for your consideration. Besides 14 Active listings in Franklin, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 58 Off-Market properties to explore as potential leads, plus 1 Land Listings that present a potential for development.

Opportunities in Nearby Cities

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

Estate Home Building Lot

N State Road 135, Bargersville, IN 46106

$399,900

10.00 AC lot

A 10-acre A1 zoned tract with recorded deed restrictions, suited for custom home building with room for improvements.

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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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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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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

68 Acres Tillable Land For Sale

Saint Johns, MI 48879

$499,000

68.30 AC lot

68 acres of tillable land suitable for multiple uses.

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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.

VACANT COMMERCIAL LAND

4707 State Rd 135, Franklin, IN 46131-8376

Value Estimation by Request

1.52 AC lot

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VACANT COMMERCIAL LAND

Us 31, Franklin, IN 46131

Value Estimation by Request

1.90 AC lot

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VACANT COMMERCIAL LAND

150 Water St, Franklin, IN 46131-2427

$880,000

Estimated value

1,554 sqft 0.16 AC lot

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VACANT COMMERCIAL LAND

799 Oyler St, Franklin, IN 46131-1513

Value Estimation by Request

0.16 AC lot

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INDUSTRIAL - VACANT LAND

950 Arvin Rd, Franklin, IN 46131-1487

Value Estimation by Request

1.16 AC lot

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VACANT COMMERCIAL LAND

751 Hamilton Ave, Franklin, IN 46131-1530

Value Estimation by Request

0.34 AC lot

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VACANT COMMERCIAL LAND

755 Oyler St, Franklin, IN 46131-1513

Value Estimation by Request

0.10 AC lot

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INDUSTRIAL - VACANT LAND

1420 Hurricane Rd, Franklin, IN 46131-7638

Value Estimation by Request

1.00 AC lot

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INDUSTRIAL - VACANT LAND

400 Forsythe St, Franklin, IN 46131-1558

$2,660,000

Estimated value

0.16 AC lot

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VACANT COMMERCIAL LAND

Westview Dr, Franklin, IN 46131

Value Estimation by Request

10.72 AC lot

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Franklin, IN Land Market Trends and Statistics

Explore 72 land for sale in Franklin, IN, showcased through 14 active listings on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $4,690,100.

Sale prices for lots in Franklin, IN start at $0.00, averaging $335,007, and reaching up to $2,595,000 — 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

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	$488.8K

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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Franklin, IN Land for Sale

3480 S Us 31, Franklin, IN 46131

W State Road 44 (Lot 2A), Franklin, IN 46131

1760 Thornburg Ln, Franklin, IN 46131

363 Paris Dr, Franklin, IN

2105 E King St, Franklin, IN

Paris Dr, Franklin, IN

1679 Mill Pond Lane, Franklin, IN 46131

2662 US 31 S, Franklin, IN 46131

US Hwy 31, Franklin, IN

3113 Graham Rd, Franklin, IN 46131

1079 N Morton St, Franklin, IN 46131

0 E. State Road 44, Franklin, IN

400 N, Franklin, IN

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

Opportunities in Nearby Cities

N State Road 135, Bargersville, IN 46106

437 North State Road 135, Bargersville, IN 46106

400 S Us 31, Whiteland, IN 46184

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

Potential Development Sites for Consideration

Saint Johns, MI 48879

Off-Market Properties in Franklin, IN

4707 State Rd 135, Franklin, IN 46131-8376

Us 31, Franklin, IN 46131

150 Water St, Franklin, IN 46131-2427

799 Oyler St, Franklin, IN 46131-1513

950 Arvin Rd, Franklin, IN 46131-1487

751 Hamilton Ave, Franklin, IN 46131-1530

755 Oyler St, Franklin, IN 46131-1513

1420 Hurricane Rd, Franklin, IN 46131-7638

400 Forsythe St, Franklin, IN 46131-1558

Westview Dr, Franklin, IN 46131

Franklin, IN Land Market Trends and Statistics

Top Commercial Asset Segments

Demographics Overview

High-Yield Neighborhoods for Investment

Taxes & Financing

Listings Trend

Property Size Breakdown

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