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Property profile & analytics

2161 Morton St Franklin, IN 46131

  • Retail properties
  • 7,652 SF
  • 2.21 lot acres
OFF-MARKET
Value Estimations
Cap Rate Potential
Location Intelligence

Current Use by Public Records

  • Retail properties

Property Details for 2161 Morton St

Year built
1999
Lot size
2.21 lot acres
Property size
7,652 SF
Property type
Retail properties
Property subtype
Restaurants

Description

This exceptional 7,652 square foot retail property, located at 2161 N. Morton St. in Franklin, Indiana, presents a unique investment opportunity. The single-tenant building, constructed in 1999, sits on a 2.21-acre lot and is zoned MXR. Currently, 2,740 square feet are vacant, offering significant potential for a variety of retail or restaurant uses. The property boasts a prime location along the main corridor of US 31, benefiting from exceptional visibility and high traffic counts. Its strategic placement between Lowe's and Walmart, with other national retailers like Meijer, Panera Bread, Noodles & Company, and T-Mobile across the highway, ensures consistent customer flow. The existing infrastructure includes a drive-thru, a hood system, and a walk-in cooler, representing significant cost savings for potential tenants. Nearby national restaurant and retail anchors include Panera Bread, Verizon Wireless, Starbucks, McAlister's Deli, Freddy's Frozen Custard & Steakburgers, Buffalo Wild Wings, PetSmart, and Chili's, further solidifying the area's strong retail environment. The property's Johnson County location (APN: 41-08-10-014-002.000-009) offers easy access to a thriving community and a robust consumer base. This is an ideal opportunity for businesses seeking high visibility and a strategic location within a densely populated retail area. The one-story building offers ample space and flexibility for a variety of uses.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

  • CAP approach

  • Comparable approach

  • Alternative Use


Location Insight

  • Map
  • Local Demand
City
Franklin
County
Johnson
State
Indiana
Longitude
-86.0688
Latitude
39.5036
More about this property
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