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    4661 State Road 135 Franklin, IN 46131

    For Sale
    $599,900

    Prime Retail Space, High Visibility, Johnson County.

    Property size:
    2,146 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    315
    This exceptional freestanding retail building, located at 4661 N State Road 135 in Franklin, Indiana, presents a remarkable investment opportunity. Boasting 2,146 square feet on a 0.46-acre lot, this property benefits from an unparalleled location in a rapidly expanding area of Johnson County. With over 13,700 vehicles passing daily, as per INDOT data, this building enjoys exceptional visibility and high traffic counts, making it ideal for a variety of retail uses. The 100-foot frontage on State Road 135 provides significant street presence and accessibility. Currently configured as a car lot with a repair shop, the building offers considerable flexibility. Internal features include a convenient kitchen and bathroom, along with two large overhead doors, catering to diverse operational needs. The property's potential is further enhanced by its proximity to another available building (BLC#21908104), offering expansion or synergistic possibilities. Priced at $599,900, this property represents a compelling investment in a thriving market. Don't miss this chance to secure a prime retail location in a high-growth area.

    Property Features for 4661 State Road 135

    General Information

    Property type
    Retail properties
    Square Feet
    2,146 SF
    Lot Size
    20,038 SF

    Building Details

    Year Built
    1955
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail properties

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Hair Salon Auto Repair Shop Nail Salon Gym & Fitness Pharmacy Skin Care Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Franklin
    County
    Johnson
    State
    Indiana
    Longitude
    -86.15829
    Latitude
    39.54328

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    FAQs

    What type of property is this?
    Retail property - Prime Retail Space, High Visibility, Johnson County.
    Where is this retail property located?
    The property is located at 4661 State Road 135 Franklin, IN.
    What is the asking price?
    The asking price for this property is $599,900.
    (317) 868-5478
    Request Owner's contact information
    4661 State Road 135 Franklin, IN 46131
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    Franklin, IN 46131
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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
    4661 State Road 135 Franklin, IN 46131
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