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    S 700 W New Palestine, IN 46163

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    For Sale
    Contact for pricing

    Commercial land in a growing community, 13 miles from Indianapolis.

    Lot size:
    30.00 Acres

    Property Features for S 700 W

    General Information

    Lot size
    30.00 Acres

    Source: Sandor/Sand Capital - Corporate Agent Thomas Siffermann

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Land in Growing Community

    This commercial land is located in a growing community, approximately 13 miles from downtown Indianapolis. The property is zoned CN. Daily traffic count is 12,706 on Main Street/U.S. 52.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Building Supply Dental Office Wholesale Shop Auto Repair Shop Hair Salon Kitchen & Bath Food Market Storage Facility HVAC Service

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

    Location Insight

    • Map
    • Local Demand
    City
    New Palestine
    County
    Hancock
    State
    Indiana
    Longitude
    -85.932379
    Latitude
    39.77459

    FAQs

    What type of property is this?
    Land - Commercial land in a growing community, 13 miles from Indianapolis.
    Where is this land located?
    The property is located at S 700 W New Palestine, IN.
    What are key features of this property?
    This property features: - Zoned CN (Commercial Neighborhood); - High daily traffic count: 12,706 on Main Street/U.S. 52; - Only 13 miles from downtown Indianapolis
    (877) 925-9011
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    S 700 W New Palestine, IN 46163
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    S 700 W
    New Palestine, IN 46163
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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
    S 700 W New Palestine, IN 46163
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