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    19499 Chad Hittle Dr Westfield, IN 46074

    For Sale
    $995,000

    Prime Westfield location, 4877 sq ft, high traffic area.

    Property size:
    4,877 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    315
    This exceptional 4,877 square foot property, situated on a 0.66-acre lot at 19499 Chad Hittle Drive in Westfield, Indiana, presents a unique commercial opportunity. Already approved for commercial use within the Chatham Hills Planned Development, this property boasts prime access to US 31, placing it within easy reach of a major transportation artery. Its proximity to Grand Park and other amenities further enhances its appeal. Previously used as a residence, this versatile space offers ample room for a variety of commercial ventures. The substantial square footage allows for customization to meet specific business needs, providing flexibility for diverse operations. The location is strategically advantageous, being less than a mile from over 1,000 residential units and numerous multi-family developments, ensuring a large and readily accessible customer base. This high-traffic area is ideal for businesses such as restaurants, medical offices, or other commercial enterprises seeking to establish a presence in a thriving community experiencing significant growth. The asking price is $995,000. This represents a compelling investment opportunity in a rapidly developing area with significant potential for return.

    Property Features for 19499 Chad Hittle Dr

    General Information

    Property type
    Other commercial real estate
    Square Feet
    4,877 SF
    Lot Size
    28,750 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Clothing Store Building Supply Daycare Center Skin Care Clinic Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Westfield
    County
    Hamilton
    State
    Indiana
    Longitude
    -86.13316
    Latitude
    40.06974

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    FAQs

    What type of property is this?
    Commercial real estate - Prime Westfield location, 4877 sq ft, high traffic area.
    Where is this commercial real estate located?
    The property is located at 19499 Chad Hittle Dr Westfield, IN.
    What is the asking price?
    The asking price for this property is $995,000.
    (317) 439-2731
    Request Owner's contact information
    19499 Chad Hittle Dr 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
    19499 Chad Hittle Dr Westfield, IN 46074
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