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    1079 Morton St Franklin, IN 46131

    Sponsored
    For Sale
    Contact for pricing

    High-traffic .52-acre lot, ideal for retail.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 0.52-acre commercial lot presents a remarkable opportunity for investors and developers. Located at 1079 N Morton St in Franklin, Indiana (Johnson County, zip code 46131), this property boasts a prime location, situated conveniently behind a Burger King, ensuring high visibility and accessibility. The lot's size offers ample space for a variety of commercial ventures, making it particularly well-suited for storage facilities, given its proximity to a high-traffic area. The property's APN is 41-08-14-022-042.000-009. Its strategic location within Franklin, Indiana, provides easy access to major roadways and a thriving community. This vacant lot represents a blank canvas for a successful commercial development, offering significant potential for return on investment. The property is classified as commercial land and is ready for immediate development. The coordinates are 39.4913344 latitude and -86.0636735 longitude. Don't miss this chance to acquire a highly desirable commercial lot in a rapidly growing area. Serious inquiries only.

    Property Features for 1079 Morton St

    General Information

    Property type
    Land
    Lot Size
    22,651 SF

    HighLights

    • 0.52‑acre commercial lot in Franklin, Indiana.
    • Located at 1079 N Morton St, Franklin, IN 46131.
    • APN: 41‑08‑14‑022‑042.000‑009.
    • Excellent location for storage units; situated behind a Burger King.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Franklin
    County
    Johnson
    State
    Indiana
    Longitude
    -86.0636735
    Latitude
    39.4913344

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    FAQs

    What type of property is this?
    Land - High-traffic .52-acre lot, ideal for retail.
    Where is this land located?
    The property is located at 1079 Morton St Franklin, IN.
    What are key features of this property?
    This property features: 0.52-acre commercial lot in Franklin, Indiana.; Located at 1079 N Morton St, Franklin, IN 46131.; APN: 41-08-14-022-042.000-009.
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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
    1079 Morton St Franklin, IN 46131
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