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    400 Us 31 Whiteland, IN 46184

    For Sale
    $1,794,800

    17.9 Acres, C-2 Zoning, $1.8M

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 17.9-acre commercial land parcel presents a remarkable development opportunity in Whiteland, Indiana. Located on US Highway 31, this property boasts a highly desirable C-2 zoning designation, allowing for a diverse range of commercial uses, including office, retail, and flex spaces. The strategic location offers excellent visibility and accessibility, benefiting from high traffic counts along US 31 and proximity to a thriving residential area. The land's value is further enhanced by the availability of readily accessible utilities, simplifying the development process. Investors will appreciate the strong potential for growth, fueled by the area's robust economy and its position within the 4th fastest-growing school district in Indiana. This presents a unique chance to capitalize on the burgeoning Whiteland market and create a significant commercial presence. The asking price is $1,794,800, translating to $100,000 per acre, reflecting the exceptional value and potential of this prime commercial land. The property's address is 400 US 31 S, Whiteland, IN 46184, situated in Johnson County. Detailed site plans and zoning information are available upon request. Don't miss this opportunity to secure a prominent location in one of Indiana's fastest-growing areas.

    Property Features for 400 Us 31

    General Information

    Property type
    Land
    Lot Size
    779,724 SF

    HighLights

    • $1,794,800 asking price.
    • 17.9‑acre commercial land parcel.
    • C‑2 zoning.
    • $100,000 per acre land value.
    • Located at 400 US 31 S, Whiteland, IN 46184.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Whiteland
    County
    Johnson
    State
    Indiana
    Longitude
    -86.0631561
    Latitude
    39.5543674

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    FAQs

    What type of property is this?
    Land - 17.9 Acres, C-2 Zoning, $1.8M
    Where is this land located?
    The property is located at 400 Us 31 Whiteland, IN.
    What is the asking price?
    The asking price for this property is $1,794,800.
    What are key features of this property?
    This property features: $1,794,800 asking price.; 17.9-acre commercial land parcel.; C-2 zoning.
    Request Owner's contact information
    400 Us 31 Whiteland, IN 46184
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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
    400 Us 31 Whiteland, IN 46184
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