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Property profile & analytics
OFF-MARKET
Land

Brownsburg IN Green St Brownsburg, IN 46112

11.27 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 11.27 ac (490,921 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Isalis (Bike/Boat/Book/etc) Store
  • Party City Party Supply Store (Bike/Boat/Book/etc) Store
  • Skunk Funk Big Box & Wholesale Store
  • Carl's Trading Co Hat Shop
  • Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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