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    4677 State Road 135 Franklin, IN 46131

    Sponsored
    For Sale
    $599,900

    Prime Johnson County location, high traffic count.

    Property size:
    2,688 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional 2,688 square foot freestanding retail building is situated on a 0.39-acre lot in Franklin, Indiana, a rapidly expanding area of Johnson County. Boasting 95 feet of road frontage on State Road 135, this property benefits from an estimated 13,700+ vehicles passing daily, according to INDOT data. The building's versatile layout presents numerous possibilities for a variety of retail businesses. Previous uses include a beauty salon, auto parts store, and car lot, demonstrating its adaptability. An added advantage is the inclusion of an overhead door at the rear of the structure, enhancing logistical flexibility. The property's high visibility and substantial traffic flow make it an ideal location for businesses seeking maximum exposure. This is a rare opportunity to acquire a well-positioned retail space in a thriving market. Note that an adjacent building is also available for purchase (BLC# 21908238). Priced at $599,900, this property offers significant potential for growth and return on investment.

    Property Features for 4677 State Road 135

    General Information

    Property type
    Retail properties
    Square Feet
    2,688 SF
    Lot Size
    16,988 SF

    Building Details

    Year Built
    1985
    Property Profile 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
    -86.15827
    Latitude
    39.54356

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    FAQs

    What type of property is this?
    Retail property - Prime Johnson County location, high traffic count.
    Where is this retail property located?
    The property is located at 4677 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
    4677 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
    4677 State Road 135 Franklin, IN 46131
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