Commercial Development Land
For Sale
$4,000,000
4000 State Road 135, Franklin, IN 46131
Extensive SR 135 frontage with nearby utilities, suited for commercial or multifamily development planning.
Property SizeContact for details
Days on Market757
Property Features for 4000 State Road 135
General Information
Standard status
Active
Property subtype
Land
Site & Location
Road Access
Yes
Utilities to Site
Yes
Listing Agency:
Carpenter, REALTORS
(317) 887-6222
Listed By:
Robert Lane · License #AB21005206
(317) 887-6222
Source:
Exprealty
Added: Jul 15, 2024
Changed: Aug 8
Last Checked: Jul 16 at 10:40PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Carpenter, REALTORS
Investment Insights
Based on property information with market context.
This offering is a land parcel with approximately 1,800 feet of frontage along SR 135, providing long-view exposure for commercial or multifamily development planning. The property has utilities noted as being nearby to support site development. The rear portion of the property, described as 68+/- acres, is currently under contract for proposed residential use, with the expectation that two access easements must be provided for that rear acreage.
The parcel’s primary advantage is its frontage along SR 135, supporting access and visibility considerations for future development. Public remarks also indicate that several new and/or proposed residential and commercial areas are located nearby, which may support a mixed-use planning approach depending on the final site design.
For buyers evaluating land use options, the combination of significant roadway frontage and proximity to utilities supports potential retail, commercial, or multifamily development concepts. The documented need for access easements for the rear acreage is an important planning factor to account for early in the development process.
The parcel’s primary advantage is its frontage along SR 135, supporting access and visibility considerations for future development. Public remarks also indicate that several new and/or proposed residential and commercial areas are located nearby, which may support a mixed-use planning approach depending on the final site design.
For buyers evaluating land use options, the combination of significant roadway frontage and proximity to utilities supports potential retail, commercial, or multifamily development concepts. The documented need for access easements for the rear acreage is an important planning factor to account for early in the development process.
Key Highlights
- Approximately 1,800'+/- of frontage along SR 135
- Suited for commercial or multifamily development planning
- Utilities are nearby
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
15
Businesses Nearby
Explore this area
Business Placement
Demographics for 46131, IN
32,869
Population
13,151
Households
2.5
Avg Household Size
38
Median Age
25%
College-Educated
92%
High-School Grad
126.0 sq mi
ZIP Area
261
Density / Sq Mi
$81,914
Median Household Income
$44,797
Median Earnings
$1,114
Median Rent
$227,800
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Extensive SR 135 frontage with nearby utilities, suited for commercial or multifamily development planning.
Where is this commercial land located?
The property is located at 4000 State Road 135 Franklin, IN.
What is the asking price?
The asking price for this property is $4,000,000.
What are key features of this property?
This property features: Approximately 1,800'+/- of frontage along SR 135; Suited for commercial or multifamily development planning; Utilities are nearby
