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    5851 State Road 135 Bargersville, IN 46106

    For Sale
    Contact for pricing

    44 Acres, Agriculture Zoning, High Visibility

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 44-acre development site in Bargersville, Indiana, presents a unique investment opportunity. Located at 5851 North State Road 135, this property boasts a highly desirable location, directly adjacent to a thriving new retail development featuring a Kroger grocery store, fast-food restaurants, medical facilities, and other retail businesses. The property's strategic position ensures high visibility and convenient access for potential businesses and residents. Currently zoned for agricultural use, this land offers significant potential for a variety of development projects. The asking price is $222,000 per acre, reflecting the prime location and development potential. The seller is open to considering dividing the property to accommodate smaller-scale projects, providing flexibility for potential buyers. This is an unparalleled chance to acquire a substantial parcel of land in a rapidly growing area with excellent infrastructure and strong retail presence. The property's address is 5851 N State Rd 135, Bargersville, IN 46106, situated in Johnson County. Detailed zoning information and survey data are available upon request. Don't miss this opportunity to secure a piece of Bargersville's vibrant future.

    Property Features for 5851 State Road 135

    General Information

    Property type
    Land
    Lot Size
    1,916,640 SF
    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 Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Bargersville
    County
    Johnson
    State
    Indiana
    Longitude
    -86.1587431
    Latitude
    39.5578917

    Nearby Comparable

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      Commercial Pad Site Opportunity

      Commercial land within Kroger's parking lot, size negotiable.
      5961 N State Road 135, Greenwood, IN 46143
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      Prime Land SR 135 Frontage

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    • $5,070,000
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      Retail Property on Smokey Row

      Retail property available for sale in Greenwood, Indiana.
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    • $1,950,000
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      Greenwood Office Building, 4.19 Acres

      Prime Greenwood location, large office space, high visibility.
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    • $1,782,000
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      South Grove Blvd Commercial Land

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    FAQs

    What type of property is this?
    Land - 44 Acres, Agriculture Zoning, High Visibility
    Where is this land located?
    The property is located at 5851 State Road 135 Bargersville, IN.
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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
    5851 State Road 135 Bargersville, IN 46106
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