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Industrial Land for Build-to-Suit Development
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N 500 E & SR 44, Franklin, IN 46131

Industrial land offering build-to-suit and new speculative construction sites with large format development options.

Property Size806,520 SF
Days on Market920

Property Features for N 500 E & SR 44

General Information

Standard status Active
Size 806,520 SF
Property subtype INDUSTRIAL
Listing Agency: Cushman & Wakefield | Indianapolis
Listed By: Luke J. Wessel, SIOR
Source: Moodyscre
Added: Jan 23, 2024 Changed: Jul 29 Last Checked: Jul 31 at 7:40AM

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 Cushman & Wakefield | Indianapolis

Investment Insights

Based on property information with market context.

I-65 South Commerce Park presents industrial land opportunities with build-to-suit sites and new speculative construction. Site options range from 249,000 square feet up to 1.2 million square feet, supporting a broad mix of logistics, air cargo, manufacturing, and other industrial uses.

The park is located at the crossroads on Interstate 65, approximately thirty-five miles from the Indianapolis International Airport. The remarks also reference its proximity to the second largest FedEx hub in the United States.

The total property size is 806,520 square feet, providing a platform for developers and operators evaluating large-scale industrial projects in the Franklin, Indiana area, at N 500 E & SR 44.

Key Highlights

  • Industrial land with build‑to‑suit and new speculative construction
  • Development options from 249,000 square feet to 1.2 million square feet
  • Property size: 806,520 square feet

Property Analytics

Current Use

Industrial land

Suggested Use

Top Pick Real Estate Agency Dental Office Building Supply Big Box & Wholesale Store Plumbing Service Grocery & Convenience Store

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

74
Businesses Nearby

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

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
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Frequently Asked Questions

What type of property is this?
Industrial land - Industrial land offering build-to-suit and new speculative construction sites with large format development options.
Where is this industrial land located?
The property is located at N 500 E & SR 44 Franklin, IN.
What are key features of this property?
This property features: Industrial land with build‑to‑suit and new speculative construction; Development options from 249,000 square feet to 1.2 million square feet; Property size: 806,520 square feet
(317) 639-0471 Call to check price and availability
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