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    4171 In-135 Franklin, IN 46131

    Sponsored
    For Sale
    $300,000

    Distressed 728 sq ft office, 1 acre lot

    Property size:
    728 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This 728-square-foot freestanding office building presents a compelling investment opportunity. Located in Franklin, Indiana, on a one-acre lot with 265 feet of frontage on SR 135, this property offers significant potential. The building, constructed in 1940 and partially renovated in 2019, features two offices, a private restroom, and a kitchenette. Currently vacant, it is classified as a Class D building with a distressed sale condition. The asking price is $300,000, translating to $412.09 per square foot and $300,000 per acre. The property is zoned AG, requiring rezoning to commercial use in Bargersville. This single-story building offers a unique chance to acquire a property with high visibility and potential for redevelopment or continued use as an office space. The one-acre lot provides ample space for expansion or future development. The existing building's layout includes two offices, a private restroom, and a kitchenette. This is a rare opportunity to acquire a property in a desirable location at a competitive price.

    Property Features for 4171 In-135

    General Information

    Property type
    Office space
    Square Feet
    728 SF
    Class
    D
    Lot Size
    43,560 SF

    Building Details

    Year Built/Renovated
    1940/2019
    Buildings
    1
    Stories
    1
    Units
    1

    HighLights

    • AG‑zoned, requires Bargersville rezoning for commercial use.
    • Partially renovated building.
    • One‑acre lot.
    • 265' x 135' lot frontage.
    • 728 square foot building.
    Property Profile Location Intelligence

    Current Use by Public Records

    Office space

    Map

    City
    Franklin
    County
    Johnson
    State
    Indiana
    Longitude
    -86.158395160203
    Latitude
    39.536199565888

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    FAQs

    What type of property is this?
    Office space - Distressed 728 sq ft office, 1 acre lot
    Where is this office space located?
    The property is located at 4171 In-135 Franklin, IN.
    What is the asking price?
    The asking price for this property is $300,000.
    What are key features of this property?
    This property features: AG-zoned, requires Bargersville rezoning for commercial use.; Partially renovated building.; One-acre lot.
    Request Owner's contact information
    4171 In-135 Franklin, IN 46131
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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
    4171 In-135 Franklin, IN 46131
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