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    525 E & 50 Franklin, IN 46131

    For Sale
    Contact for pricing

    29.93-acre industrial land, prime location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 29.93-acre industrial land parcel presents a unique development opportunity within the thriving Franklin Tech Park. Situated in Franklin, Indiana, this property boasts a prime location within established tax increment financing (TIF) and economic development districts, ensuring access to potential incentives and support. Utilities are conveniently located within 2,000 feet of the site, streamlining infrastructure development. The property is zoned Industrial Light (IL), allowing for a wide range of industrial uses. Its strategic position within Franklin's municipal boundaries offers easy access to essential amenities and services. Enjoy a quick commute, with a mere 3-minute drive to the I-65 interchange and under 20 minutes to the I-465 interchange. The area also offers a wealth of dining and lodging options near the I-65 and State Road 44 interchange. Franklin, Indiana is a vibrant community, home to Franklin College and numerous major employers including Berry Global, KYB Americas Corporation, Pridgeon & Clay, Aisin, Energizer Batteries, and Johnson Memorial Health, providing a strong workforce pool and market demand. The property's APN is 41-07-20-034-002.000-018. This site is ideal for businesses seeking a strategic location with excellent infrastructure and access to a skilled workforce. Don't miss this chance to build your next project in a thriving Indiana community.

    Property Features for 525 E & 50

    General Information

    Property type
    Land
    Lot Size
    1,303,751 SF

    HighLights

    • 29.93‑acre industrial land parcel in Franklin, Indiana's Franklin Tech Park.
    • Located within established TIF and economic development districts, offering potential incentives.
    • Utilities are within 2,000 feet.
    • Zoned Industrial Light (IL), allowing diverse industrial uses.
    • 3‑minute drive to I‑65, under 20 minutes to I‑465.
    • APN: 41‑07‑20‑034‑002.000‑018.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Franklin
    County
    Johnson
    State
    Indiana
    Longitude
    -86.003043918257
    Latitude
    39.472895936591

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    FAQs

    What type of property is this?
    Land - 29.93-acre industrial land, prime location.
    Where is this land located?
    The property is located at 525 E & 50 Franklin, IN.
    What are key features of this property?
    This property features: 29.93-acre industrial land parcel in Franklin, Indiana's Franklin Tech Park.; Located within established TIF and economic development districts, offering potential incentives.; Utilities are within 2,000 feet.
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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
    525 E & 50 Franklin, IN 46131
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