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    7618 600 McCordsville, IN 46055

    Sponsored
    For Sale
    $2,750,000

    Prime Development Opportunity in Growing Town

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 2-acre commercial land parcel presents a rare investment opportunity in the thriving McCordsville Town Center, located at 7618 N 600 W, McCordsville, Indiana 46055. Priced at $2,750,000, this multi-purpose site offers significant potential for a variety of development projects. Its ideal location within the town center ensures high visibility and accessibility, making it an attractive proposition for businesses seeking a strategic presence in a rapidly expanding community. The expansive 2-acre lot provides ample space for diverse development options, including office buildings, retail spaces, or multi-family residential complexes. This is a unique chance to contribute to the ongoing growth of McCordsville and capitalize on the increasing demand for commercial and residential properties in this desirable area of Hancock County. The property's versatility allows for creative development plans tailored to meet specific market needs, promising a strong return on investment. Don't miss this opportunity to secure a prominent position in McCordsville's vibrant and expanding commercial landscape. This is a truly exceptional development site in a high-growth area.

    Property Features for 7618 600

    General Information

    Property type
    Land
    Lot Size
    87,120 SF

    HighLights

    • Exceptional investment opportunity in a burgeoning market.
    • Versatile development site suitable for mixed‑use projects.
    • Potential for office, retail, and multifamily development.
    • High‑growth community.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    McCordsville
    County
    Hancock
    State
    Indiana
    Longitude
    -85.9193342
    Latitude
    39.893388

    Nearby Comparable

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Land - Prime Development Opportunity in Growing Town
    Where is this land located?
    The property is located at 7618 600 McCordsville, IN.
    What is the asking price?
    The asking price for this property is $2,750,000.
    What are key features of this property?
    This property features: Exceptional investment opportunity in a burgeoning market.; Versatile development site suitable for mixed-use projects.; Potential for office, retail, and multifamily development.
    (317) 663-6538
    Request Owner's contact information
    7618 600 McCordsville, IN 46055
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    7618 600
    McCordsville, IN 46055
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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
    7618 600 McCordsville, IN 46055
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