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    116Th St Fishers, IN 46037

    Sponsored
    For Lease
    Contact for pricing

    Retail Land, Multiple Tenancies, High Traffic

    Lot size:
    1 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional commercial property, located at the Northeast corner of I-69 and 116th Street in Fishers, Indiana, presents a significant investment opportunity. The Exit Five Business Center offers approximately 34 acres of land, suitable for various retail developments. The site boasts a prime location along a busy thoroughfare, ensuring high visibility and accessibility. With a total land area ranging from 12 to 22 acres in individual parcels, this property provides flexibility for multiple tenants or a single large-scale development. The property's strategic position within Hamilton County, Indiana, places it within close proximity to affluent residential neighborhoods and benefits from strong daytime demographics, promising a robust customer base. The zoning allows for multiple tenancies, making it ideal for a mixed-use development or individual retail spaces. The property's size and location make it an attractive option for businesses seeking high visibility and convenient access to a thriving community. The zip code is 46037. This is a rare opportunity to acquire a substantial land parcel in a rapidly growing area.

    Property Features for 0 116Th St

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1 SF

    Unit(s) available at that property

    Space
    Vacant Land
    Size
    0 SF
    Space
    Available Space
    Size
    0 SF

    HighLights

    • ± 34 acres available on East 116th Street in Fishers, Indiana, at the I‑69 interchange.
    • Located in the Exit Five Business Center with easy I‑69 access.
    • Prime location near affluent neighborhoods with a strong daytime population and 11,685 businesses.
    • Fishers, Indiana, consistently ranks highly among best places to live and affordable suburbs.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Fishers
    County
    Hamilton
    State
    Indiana
    Longitude
    -85.982636
    Latitude
    39.959412

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    FAQs

    What type of property is this?
    Land - Retail Land, Multiple Tenancies, High Traffic
    Where is this land located?
    The property is located at 116Th St Fishers, IN.
    What are key features of this property?
    This property features: ± 34 acres available on East 116th Street in Fishers, Indiana, at the I-69 interchange.; Located in the Exit Five Business Center with easy I-69 access.; Prime location near affluent neighborhoods with a strong daytime population and 11,685 businesses.
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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
    116Th St Fishers, IN 46037
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