Brownsburg IN Green St Brownsburg, IN 46112
This exceptional 11.27-acre site, located at the intersection of Northfield Drive and South Green Street in Brownsburg, Indiana, presents a unique opportunity for multifamily development. The property is fully entitled and shovel-ready, approved for a 180-unit multifamily project. Situated in a rapidly expanding area of Brownsburg, this land boasts a prime location near major employers, including Fortune 500 companies. Brownsburg's reputation as one of Indiana's best places to live, recognized by CNN Money magazine, is further enhanced by its low crime rate, robust economy, affordable housing, and highly-rated schools. The property's APN is 32-07-26-105-002.000-016, and its zoning permits multifamily construction. This is an ideal investment for developers seeking to capitalize on the thriving Brownsburg market and its strong demand for multifamily housing. The 46112 zip code offers easy access to amenities and major transportation routes. This fully entitled site minimizes development hurdles and allows for a swift commencement of construction. Don't miss this chance to build a thriving multifamily community in one of Indiana's most desirable locations. The asking price is $1,980,000.
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Carl's Trading Co Hat Shop
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.