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    6437 Broadway McCordsville, IN 46055

    Sponsored
    For Sale
    $850,000

    Prime 1.22-acre commercial lot in McCordsville, IN.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 1.224-acre commercial land parcel presents a remarkable investment opportunity in the thriving McCordsville, Indiana market. Located on West Broadway (US67), this fee-simple property boasts convenient access to major thoroughfares, ensuring high visibility and accessibility for any commercial venture. The property is zoned for Old Town development, offering a range of potential uses. Existing infrastructure is a significant advantage, with sewer and water services readily available on-site. This eliminates the considerable expense and time delays often associated with new infrastructure development, allowing for a faster and more cost-effective project launch. The property's 1.224-acre size provides ample space for a variety of commercial developments, from retail spaces to light industrial facilities. Furthermore, the possibility of acquiring additional adjacent land presents an opportunity for expansion or development of a larger-scale project. The property's APN is 30-01-26-100-012.000-018. This prime location in Hancock County, Indiana, with a 46055 zip code, offers a strategic advantage for businesses seeking to establish a presence in a growing community. The asking price is $850,000.

    Property Features for 6437 Broadway

    General Information

    Property type
    Land
    Lot Size
    53,317 SF

    HighLights

    • 1.224‑acre commercial land parcel in McCordsville, IN.
    • Located on West Broadway (US 67) with high visibility and accessibility.
    • Old Town zoning allows for diverse commercial uses.
    • Existing sewer and water utilities on‑site.
    • Ample space for various commercial developments, with potential for expansion.
    • APN: 30‑01‑26‑100‑012.000‑018; Asking price: $850,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    McCordsville
    County
    Hancock
    State
    Indiana
    Longitude
    -85.9256486
    Latitude
    39.8922937

    Nearby Comparable

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      McCordsville Storefront: Prime Retail Space

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    Nearby Similar for Sale

    • $779,900
      1,873 SF

      1,873 SF Office Building

      Office building built in 1975 with strategic location.
      5189 W 600 N, McCordsville, IN 46055
      View Details
    • $450,000
      1,494 SF

      McCordsville Storefront: Prime Retail Space

      Vacant Retail Building, High Visibility, 1495 SF
      6444 Broadway, McCordsville, IN 46055
      View Details
    • $450,000
      1,468 SF

      McCordsville Retail Building - Hwy 36

      High-traffic retail space, ample parking.
      6444 Broadway, McCordsville, IN 46055
      View Details
    • Contact for pricing
      1,008,072 SF

      5670 Aurora Way

      Distribution properties • 1,008,072 SF
      5670 Aurora Way, McCordsville, IN 46055
      View Details

    FAQs

    What type of property is this?
    Land - Prime 1.22-acre commercial lot in McCordsville, IN.
    Where is this land located?
    The property is located at 6437 Broadway McCordsville, IN.
    What is the asking price?
    The asking price for this property is $850,000.
    What are key features of this property?
    This property features: 1.224-acre commercial land parcel in McCordsville, IN.; Located on West Broadway (US 67) with high visibility and accessibility.; Old Town zoning allows for diverse commercial uses.
    Request Owner's contact information
    6437 Broadway McCordsville, IN 46055
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    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
    6437 Broadway McCordsville, IN 46055
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