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    Bethel Rd And Hancel Pkwy Mooresville, IN 46158

    Sponsored
    For Sale
    $4,983,822

    90 Acres, Shovel-Ready Mooresville, IN

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 90.78-acre industrial land parcel presents a unique investment opportunity in Mooresville, Indiana. Ideally situated adjacent to the Flagstaff Business Park, this "shovel-ready" site boasts prime agricultural zoning, making it perfectly suited for immediate development. The property offers significant advantages, including two water mains, gas access, and ample road frontage on Bethel Road, conveniently located north of the Hancel Parkway intersection. Multiple points of entry are available, providing flexibility for single or multi-building projects. Full utility services are readily accessible, with additional access points through Flagstaff Business Park. The property's desirable dimensions and location within a rapidly growing industrial, logistics, and distribution area, one of the largest in the country, offer substantial potential for significant returns. Mooresville's proactive approach to economic development, including planned road upgrades and available tax incentives (TIF and others), further enhances the attractiveness of this exceptional investment. The property's APN is 021-05-11-400-001-000 and is owned by the Haught Family Trust. This is an unparalleled opportunity to capitalize on the burgeoning industrial growth surrounding Indianapolis. Asking price is $4,983,822.

    Property Features for 0 Bethel Rd And Hancel Pkwy

    General Information

    Property type
    Land
    Lot Size
    3,954,377 SF

    HighLights

    • $4,983,822 asking price for 90.78 acres of industrial land.
    • Located in Mooresville, IN, Morgan County (APN: 021‑05‑11‑400‑001‑000).
    • Zoned Agricultural, shovel‑ready site adjacent to Flagstaff Business Park.
    • Features two water mains, gas, and ample road frontage on Bethel Road and Hancel Parkway.
    • Full utility services available, multiple points of entry, and potential for economic development incentives.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Mooresville
    County
    Morgan
    State
    Indiana
    Longitude
    -86.3868166
    Latitude
    39.5712671

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    FAQs

    What type of property is this?
    Land - 90 Acres, Shovel-Ready Mooresville, IN
    Where is this land located?
    The property is located at Bethel Rd And Hancel Pkwy Mooresville, IN.
    What is the asking price?
    The asking price for this property is $4,983,822.
    What are key features of this property?
    This property features: $4,983,822 asking price for 90.78 acres of industrial land.; Located in Mooresville, IN, Morgan County (APN: 021-05-11-400-001-000).; Zoned Agricultural, shovel-ready site adjacent to Flagstaff Business Park.
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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
    Bethel Rd And Hancel Pkwy Mooresville, IN 46158
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