Property profile

525 E & 50 Franklin, IN 46131

OFF-MARKET
Land
29.93 ac lot
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Property summary

AI-generated overview

This exceptional 29.93-acre industrial land parcel presents a unique development opportunity within the thriving Franklin Tech Park. Situated in Franklin, Indiana, this property boasts a prime location within established tax increment financing (TIF) and economic development districts, ensuring access to potential incentives and support. Utilities are conveniently located within 2,000 feet of the site, streamlining infrastructure development. The property is zoned Industrial Light (IL), allowing for a wide range of industrial uses. Its strategic position within Franklin's municipal boundaries offers easy access to essential amenities and services. Enjoy a quick commute, with a mere 3-minute drive to the I-65 interchange and under 20 minutes to the I-465 interchange. The area also offers a wealth of dining and lodging options near the I-65 and State Road 44 interchange. Franklin, Indiana is a vibrant community, home to Franklin College and numerous major employers including Berry Global, KYB Americas Corporation, Pridgeon & Clay, Aisin, Energizer Batteries, and Johnson Memorial Health, providing a strong workforce pool and market demand. The property's APN is 41-07-20-034-002.000-018. This site is ideal for businesses seeking a strategic location with excellent infrastructure and access to a skilled workforce. Don't miss this chance to build your next project in a thriving Indiana community.

Property profile

Verified
Property type Land
Lot 29.93 ac (1,303,751 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

525 E & 50 Franklin, IN 46131
Franklin metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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