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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

2161 Morton St Franklin, IN 46131

7,652 SF 2.21 ac lot Built 1999
Property ID
Property summary
AI-generated overview

This exceptional 7,652 square foot retail property, located at 2161 N. Morton St. in Franklin, Indiana, presents a unique investment opportunity. The single-tenant building, constructed in 1999, sits on a 2.21-acre lot and is zoned MXR. Currently, 2,740 square feet are vacant, offering significant potential for a variety of retail or restaurant uses. The property boasts a prime location along the main corridor of US 31, benefiting from exceptional visibility and high traffic counts. Its strategic placement between Lowe's and Walmart, with other national retailers like Meijer, Panera Bread, Noodles & Company, and T-Mobile across the highway, ensures consistent customer flow. The existing infrastructure includes a drive-thru, a hood system, and a walk-in cooler, representing significant cost savings for potential tenants. Nearby national restaurant and retail anchors include Panera Bread, Verizon Wireless, Starbucks, McAlister's Deli, Freddy's Frozen Custard & Steakburgers, Buffalo Wild Wings, PetSmart, and Chili's, further solidifying the area's strong retail environment. The property's Johnson County location (APN: 41-08-10-014-002.000-009) offers easy access to a thriving community and a robust consumer base. This is an ideal opportunity for businesses seeking high visibility and a strategic location within a densely populated retail area. The one-story building offers ample space and flexibility for a variety of uses.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1999
Total area 7,652 SF
Lot 2.21 ac (96,268 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
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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