400 E S Whitestown, IN 46075
This exceptional 5.83-acre commercial land parcel, located at the Northeast corner of S 650 E and E 400 S, Lot 4 in Whitestown, Indiana (APN: 06-08-19-000-089.003-019), presents a unique investment opportunity. Zoned PUD, it allows for a diverse range of development options including retail, restaurants, drive-thrus, office space, storage facilities, and multi-family residential buildings. The property is situated within a rapidly growing area, benefiting from the ongoing construction of new single-family homes and apartment complexes, totaling over 1,000 units, along the Ronald Reagan Parkway expansion at the intersection of Main Street and Albert S White. This prime location offers excellent visibility and accessibility. A 1.54-acre hard corner is available for sale or ground lease, and the larger 5.83-acre parcel can be divided to suit specific development needs. Additional land is also available. The property's proximity to AllPoints at Anson, a 616-acre industrial park housing major companies such as Amazon, Cummins, Daimler, and GNC, just 1.5 miles west, and Anson, a significant development featuring numerous residential communities and retail properties, 2 miles south on Main Street, further enhances its investment potential. This is a rare chance to acquire land in a thriving area with significant future growth prospects. The property is located in Boone County, Indiana, zip code 46075.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.