Franklin, IN Land for Sale

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18 properties

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Updated: Apr 13

Commercial Land Near Retail Corridor

2048 N Morton St, Franklin, IN 46131

$450,000

2,448 sqft

Commercial land at 2048 N Morton St, Franklin, IN 46131
Near a retail corridor with Walmart, Lowe’s, Meijer, and Kroger
Identified for potential teardown and office redevelopment
Redevelopment concept includes parking

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This listing looks promising.

Here's a quick look at some key insights for

2048 N Morton St, Franklin, IN 46131

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Est. Cap Rate

6.9%
Above avg (5.9%)
Est. NOI

$31K
Annual
Mortgage

$100K
Jan 2023
Property Type

Commercial Office (General)
Built 1970

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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

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Franklin Residential Building Site

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

$215,000

4.27 AC lot

4.27-acre building site near Franklin, Indiana.

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Commercial Land Development Site

3800 N State Road 135, Franklin, IN 46131

$2,750,000

Commercial land with nearby utility availability and surrounding residential and commercial development.

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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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Light Industrial Land with Rail Access

0 300 North Drive, Franklin, IN 46131

Contact for pricing

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

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3.50 AC lot

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

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Residential Golf-Adjacent Home Lot

1682 Mill Pond Ln, Franklin, IN

$105,000

Vacant home lot in Homesteads at Hillview, connected to the Greenway Trail beside Hillview Golf Course.

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Kroger Parking Lot Pad

970 N Morton St, Franklin, IN 46131

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Commercial pad opportunity within Kroger’s parking lot, with built-to-suit and ground-lease formats available.

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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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Custom Home Lots Near Golf Course

1658 Mill Pond Ln, Franklin, IN

$110,000

All-new Windsor Section home lots connected to the Greenway Trail, on the east side of Hillview Golf Course.

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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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Residential Land Lot Near Greenway Trail

835 Beechtree Ln, Franklin, IN

$115,000

Build in an all-new custom home neighborhood with Greenway Trail access just beyond the backyard.

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Custom Home Lot in Golf Community

867 Beechtree Ln, Franklin, IN

$115,000

Residential lot in an all-new Windsor Section at Hillview Golf Course with Greenway Trail access.

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Development Land Near Golf Club

2625 N Hurricane Rd, Franklin, IN 46131

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Land adjoins Legends Golf Club with access to I-65 via two nearby exits.

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Land

1650 Mill Pond Ln, Franklin, IN

$105,000

Residential land & home lots

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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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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 Potential Opportunities for your consideration. Besides 18 Active Listings in Franklin, IN, we suggest to view alternatives - similar 54 Off-Market properties to explore as potential leads.

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

$225,000

Estimated value

1.52 AC lot

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VACANT COMMERCIAL LAND

Us 31, Franklin, IN 46131

$250,000

Estimated value

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

$285,000

Estimated value

0.16 AC lot

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INDUSTRIAL - VACANT LAND

950 Arvin Rd, Franklin, IN 46131-1487

$270,000

Estimated value

1.16 AC lot

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VACANT COMMERCIAL LAND

751 Hamilton Ave, Franklin, IN 46131-1530

$225,000

Estimated value

0.34 AC lot

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Franklin, IN Land Market Trends and Statistics

Explore 72 land for sale in Franklin, IN, showcased through 18 active listings on our real estate platform. These investment opportunities span a total of 4,561,873 square feet of properties for sale, with an estimated market value of $8,375,100.

Sale prices for lots in Franklin, IN start at $105,000, averaging $761,372, 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

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	$243.5K

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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