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    125 W Tournament Trl Westfield, IN 46034

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    For Lease
    Contact for pricing

    1.1 acre commercial land available for ground lease in Westfield.

    Lot size:
    1.10 Acres

    Property Features for 125 W Tournament Trl

    General Information

    Lot size
    1.10 Acres

    Source: Veritas Realty Agent Seth Biggerstaff

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

    Overview

    Westfield Land for Lease

    This 1.1-acre commercial land is available for ground lease or build-to-suit development. The property is located on a prime outlot along State Road 32 in Westfield, Indiana, specifically at the northeast quadrant of SR 32 and Spring Mill Road. Situated across the street from Meijer and near the Grand Park Sporting Complex, which attracts over 2.5 million annual visitors, this location benefits from high visibility and traffic. Westfield is recognized as the fastest-growing city in Indiana.
    Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon 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
    -86.1413251
    Latitude
    40.0433363

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    FAQs

    What type of property is this?
    Commercial land - 1.1 acre commercial land available for ground lease in Westfield.
    Where is this commercial land located?
    The property is located at 125 W Tournament Trl Westfield, IN.
    What are key features of this property?
    This property features: - Prime outlot location along SR 32 in Westfield, IN; - Located across the street from Meijer; - Near Grand Park Sporting Complex (2.5 million + annual visitors)
    (317) 789-8171
    Request Owner's contact information
    125 W Tournament Trl Westfield, IN 46034
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    Westfield, IN 46034
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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
    125 W Tournament Trl Westfield, IN 46034
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