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    1760 Thornburg Ln Franklin, IN 46131

    Sponsored
    For Sale
    $1,450,000

    3.5 Acres, Prime Location, High Visibility

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 3.5-acre commercial land parcel presents a unique investment opportunity in the thriving Franklin, Indiana market. Located at 1760 Thornburg Ln, Franklin, IN 46131, this property boasts a highly desirable MXC (Mixed Use Commercial Corridor) zoning designation, allowing for a diverse range of development possibilities. The site offers significant visibility from State Road 44 and enjoys convenient access to Interstate 65, ensuring excellent connectivity and exposure to a large customer base. Ideal for retail establishments, apartment complexes, or mixed-use developments, this strategically positioned land is poised to capitalize on the rapid growth experienced in Johnson County. The expansive lot size provides ample space for ambitious projects, while the prime location guarantees high traffic volume and strong potential for return on investment. With its strategic location, flexible zoning, and significant acreage, this property represents a compelling opportunity for developers seeking a high-impact commercial venture in a dynamic and expanding market. The asking price is $1,450,000. Don't miss this chance to secure a prominent position in Franklin's burgeoning commercial landscape.

    Property Features for 1760 Thornburg Ln

    General Information

    Property type
    Land
    Lot Size
    152,460 SF

    HighLights

    • $1,450,000 asking price for 3.5 acres of commercial land.
    • MXC (Mixed Use Commercial Corridor) zoning allows for retail, apartments, and mixed‑use development.
    • High visibility from SR‑44 and convenient access to I‑65.
    • Located in rapidly growing Johnson County, Indiana.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Dental Office Clothing Store Building Supply Wholesale Shop Daycare Center Kitchen & Bath Department Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Franklin
    County
    Johnson
    State
    Indiana
    Longitude
    -86.02627
    Latitude
    39.48209

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    FAQs

    What type of property is this?
    Land - 3.5 Acres, Prime Location, High Visibility
    Where is this land located?
    The property is located at 1760 Thornburg Ln Franklin, IN.
    What is the asking price?
    The asking price for this property is $1,450,000.
    What are key features of this property?
    This property features: $1,450,000 asking price for 3.5 acres of commercial land.; MXC (Mixed Use Commercial Corridor) zoning allows for retail, apartments, and mixed-use development.; High visibility from SR-44 and convenient access to I-65.
    (317) 371-0128
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    1760 Thornburg Ln 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
    1760 Thornburg Ln Franklin, IN 46131
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