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    300 East St Westfield, IN 46074

    For Lease
    Contact for pricing

    Prime Westfield retail, near Grand Park.

    Lot size:
    56,628 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    Legends Crossing presents a unique investment opportunity in Westfield, Indiana, a rapidly growing community. This 1.3-acre retail property, located at 300 N East St, Westfield, IN 46074, boasts a highly desirable location near the Grand Park Sports Campus, a 400+ acre facility attracting over 2.5 million visitors annually. Westfield's population surge is undeniable, with a remarkable 45% increase between 2010 and 2020, and a significant portion of new Hamilton County home permits (56% in 2022) concentrated within Westfield. This translates to a strong, affluent local market, with an average household income exceeding $122,000 within a 5-mile radius. The property is zoned as a PUD District, offering flexibility for various development plans. This allows for adaptable uses, accommodating retail, office, or medical tenants in both anchor and outlot positions. While the lots are not yet platted, this presents an opportunity for customized development to meet specific tenant needs. This prime location, coupled with the robust growth of Westfield and its affluent population, makes Legends Crossing an exceptional investment prospect. The property's proximity to Grand Park ensures high visibility and significant foot traffic, making it an ideal location for businesses seeking to capitalize on the area's thriving economy and substantial population growth.

    Property Features for 300 East St

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    56,628 SF

    Unit(s) available at that property

    Space
    Available space
    Size
    56,628 SF

    HighLights

    • Prime location near Grand Park Sports Campus, a 400+ acre facility attracting over 2.5 million annual visitors.
    • Located in rapidly growing Westfield, IN, with a 45% population increase (2010‑2020) and 56% of Hamilton County's 2022 new home permits.
    • Affluent area with average household income exceeding $122,000 within a 5‑mile radius.
    • Flexible PUD zoning allows for retail, office, or medical uses; lots are unplatted, offering customized development opportunities.
    • 1.3‑acre retail property zoned PUD.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Accounting Firm

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

    Location Insight

    • Map
    • Local Demand
    City
    Westfield
    County
    Hamilton
    State
    Indiana
    Longitude
    -86.1234178
    Latitude
    40.0461827

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    FAQs

    What type of property is this?
    Individual retail property - Prime Westfield retail, near Grand Park.
    Where is this individual retail property located?
    The property is located at 300 East St Westfield, IN.
    What are key features of this property?
    This property features: Prime location near Grand Park Sports Campus, a 400+ acre facility attracting over 2.5 million annual visitors.; Located in rapidly growing Westfield, IN, with a 45% population increase (2010-2020) and 56% of Hamilton County's 2022 new home permits.; Affluent area with average household income exceeding $122,000 within a 5-mile radius.
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    300 East St Westfield, IN 46074
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    Westfield, IN 46074
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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
    300 East St Westfield, IN 46074
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