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    State Road 267 Brownsburg, IN 46112

    Sponsored
    For Sale
    Contact for pricing

    Prime Commercial Land, High Traffic, Growing Area

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 16-acre commercial land parcel presents a remarkable development opportunity in Brownsburg, Indiana. Located on N State Rd 267 in Hendricks County (zip code 46112), this property boasts a strategic location with high visibility and accessibility. The site is zoned Brownsburg C-2 Commercial, allowing for a diverse range of commercial uses. A 2023 traffic count reveals a significant 14,648 average daily traffic (ADT) on State Road 267, ensuring substantial exposure for any development. The surrounding area is characterized by high household incomes, providing a strong consumer base. Furthermore, the property benefits from its proximity to Brownsburg's excellent school system, including Brownsburg High School, East & West Middle Schools, and White Lick & Cardinal Elementary Schools. Brownsburg itself is experiencing rapid growth, making this a particularly attractive investment in one of Indiana's fastest-growing communities. This location offers easy access to the amenities and resources of Brownsburg, a thriving suburb of Indianapolis with over 30,000 residents, known for its high-quality schools, parks, trails, and robust business environment. This is an exceptional opportunity to capitalize on the dynamic growth and strong market conditions of this desirable location. The property's size and zoning provide significant flexibility for a variety of commercial ventures.

    Property Features for 0 State Road 267

    General Information

    Property type
    Land
    Lot Size
    696,960 SF

    HighLights

    • ±16‑acre commercial land parcel in Brownsburg, IN.
    • Brownsburg C‑2 Commercial zoning.
    • High traffic count (14,648 ADT in 2023).
    • Located in a high‑income area.
    • Excellent proximity to Brownsburg schools.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Brownsburg
    County
    Hendricks
    State
    Indiana
    Longitude
    -86.39262
    Latitude
    39.894632

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    FAQs

    What type of property is this?
    Land - Prime Commercial Land, High Traffic, Growing Area
    Where is this land located?
    The property is located at State Road 267 Brownsburg, IN.
    What are key features of this property?
    This property features: ±16-acre commercial land parcel in Brownsburg, IN.; Brownsburg C-2 Commercial zoning.; High traffic count (14,648 ADT in 2023).
    (317) 713-2144
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    State Road 267 Brownsburg, IN 46112
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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
    State Road 267 Brownsburg, IN 46112
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