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    Cumberland Rd Noblesville, IN 46060

    Sponsored
    For Sale
    $900,000

    2.5-acre commercial lot, build-to-suit option.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 2.5-acre commercial land parcel presents a prime investment opportunity in Noblesville, Indiana. Located on Cumberland Road and zoned CCPD (Corporate Campus Planned Development), this property offers significant flexibility for a variety of commercial uses. The CCPD zoning, within its "Commercial" subdistrict, permits retail, educational, restaurant, hospitality, and other commercial ventures. Detailed permitted use information is available upon request. Building standards, including height restrictions and setbacks, vary depending on the intended use. Previous conceptual plans illustrate the potential for a substantial two-story, 30,000 square foot office building, accommodating approximately 121 parking spaces. The current owner is open to build-to-suit options, providing a unique opportunity for tailored development. The property's APN is 29-11-07-000-037.002-013, and it's owned by Cumberland 2.5, LLC. This is an exceptional opportunity to acquire a strategically located commercial lot in a thriving Indiana community. The asking price for this property is $900,000.

    Property Features for 0 Cumberland Rd

    General Information

    Property type
    Land
    Lot Size
    108,900 SF

    HighLights

    • $900,000 asking price for 2.5 acres of commercial land.
    • Located in Noblesville, Indiana, Hamilton County, zip code 46060.
    • Zoned CCPD (Corporate Campus Planned Development), allowing for retail, education, restaurant, and hospitality uses.
    • APN: 29‑11‑07‑000‑037.002‑013; Owned by Cumberland 2.5, LLC.
    • Build‑to‑suit option available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Noblesville
    County
    Hamilton
    State
    Indiana
    Longitude
    -85.996602257278
    Latitude
    40.016686549235

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    FAQs

    What type of property is this?
    Land - 2.5-acre commercial lot, build-to-suit option.
    Where is this land located?
    The property is located at Cumberland Rd Noblesville, IN.
    What is the asking price?
    The asking price for this property is $900,000.
    What are key features of this property?
    This property features: $900,000 asking price for 2.5 acres of commercial land.; Located in Noblesville, Indiana, Hamilton County, zip code 46060.; Zoned CCPD (Corporate Campus Planned Development), allowing for retail, education, restaurant, and hospitality uses.
    (317) 775-0007
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    Cumberland Rd Noblesville, IN 46060
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    Noblesville, IN 46060
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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

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    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
    Cumberland Rd Noblesville, IN 46060
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