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    823 W State Road 32 Westfield, IN 46074

    For Sale
    $1,350,000

    Commercial Land - Westfield, IN

    Lot size:
    5.13 Acres
    Days on Market:
    440
    Last Refresh:
    Dec 8 at 3:06 am

    Property Features for 823 W State Road 32

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Commercial - General
    APN
    290903000005000015
    Lot size
    5.13 Acres

    Building Details

    Architectural style
    Other

    eXp Realty (812) 734-6048 [email protected]

    Listing agent Heather Roudebush (888) 611-3912 License #RB19000156

    Listing date Sep 25, 2024

    MLS# 22000667 Listing URL

    Copyright © 2025 MIBOR Service Corporation. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Westfield Commercial Land Opportunity

    This 5.13-acre commercial land opportunity is located directly on Highway 32, approximately 1/3 mile west of Spring Mill Road, in Westfield, Indiana. The property is zoned AG-SF1/Commercial and is situated in Westfield's rapidly expanding business corridor. The vacant, previously developed land is ready for redevelopment and offers high visibility and easy access from Highway 32. The land backs up to the newly developed Midland Trace Trail, presenting a unique opportunity in one of Westfield's most promising development zones.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Building Supply Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Westfield
    County
    Hamilton
    State
    Indiana
    Longitude
    -86.172817
    Latitude
    40.042055

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    FAQs

    What type of property is this?
    Commercial land - 5.13 acres of commercial land in Westfield, Indiana.
    Where is this commercial land located?
    The property is located at 823 W State Road 32 Westfield, IN.
    What is the asking price?
    The asking price for this property is $1,350,000.
    What are key features of this property?
    This property features: - Zoned AG-SF1/Commercial, offering versatile development potential.; - Prime location directly on Highway 32 in Westfield's expanding business corridor.; - High visibility and easy access from Highway 32.
    (888) 611-3912
    Request Owner's contact information
    823 W State Road 32 Westfield, IN 46074
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    Westfield, IN 46074
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    823 W State Road 32 Westfield, IN 46074
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