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Residential Development Land Parcel
For Sale
$950,000
Pending

3818 W State Road 32, Westfield, IN 46074

Residential land offering with two parcels, 265 feet of frontage on State Road 32, and 6.52 acres for development.

Property SizeContact for details
Lot Size6.52 Acres
Days on Market961

Property Features for 3818 W State Road 32

General Information

Standard status Pending
Lot size 6.52 Acres
Property subtype Land

Additional Details

Road Access Yes
Listing Agency: Berkshire Hathaway Home
Listed By: Robert Robey · License #RB14024839
Source: Exprealty
Added: Mar 12, 2024 Changed: Oct 26 Last Checked: Oct 26 at 5:43PM

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 Berkshire Hathaway Home

Rey
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Investment Insights

Based on property information with market context.

This residential development land offering includes two tax parcels at 3818 and 3834 W State Road 32, totaling 6.52 acres. The property provides 265 feet of road frontage on State Road 32, offering room for a planned site concept.

According to the remarks, the parcel is positioned along the planned expansion of Midland Trail, and it is presented as an opportunity to design and develop a PUD. The information provided does not specify the existing improvements or any other development constraints.

For buyers and developers, the key details here are the combined acreage, the two-parcel structure, and the stated frontage along State Road 32, which can support a range of site layouts subject to applicable approvals.

Key Highlights

  • Residential land offering with 6.52 acres for development
  • Includes two tax parcels at 3818 and 3834 W State Road 32
  • Offers 265 feet of road frontage on State Road 32

Property Analytics

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Suggested Use

Top Pick Storage Facility Big Box & Wholesale Store Garden Center Real Estate Agency Kitchen & Bath Showroom Tattoo & Piercing Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

41
Businesses Nearby

Demographics for 46074, IN

42,598
Population
17,118
Households
2.5
Avg Household Size
36
Median Age
61%
College-Educated
97%
High-School Grad
36.4 sq mi
ZIP Area
1,170
Density / Sq Mi
$123,580
Median Household Income
$60,250
Median Earnings
$1,550
Median Rent
$400,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Residential land offering with two parcels, 265 feet of frontage on State Road 32, and 6.52 acres for development.
Where is this residential land & home lot located?
The property is located at 3818 W State Road 32 Westfield, IN.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: Residential land offering with 6.52 acres for development; Includes two tax parcels at 3818 and 3834 W State Road 32; Offers 265 feet of road frontage on State Road 32
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