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    614 Union St Westfield, IN 46074
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    Property profile & analytics

    614 Union St, Westfield, IN 46074

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    • Land
    • 0.54 lot acres
    Off-Market

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 614 Union St

    Lot size
    0.54 lot acres
    Property type
    Land

    Description

    This exceptional .54-acre corner lot in Westfield, Indiana, presents a unique redevelopment opportunity. Located at 614 N Union Street, directly across from Westfield High School, this property benefits from its prime position within a rapidly growing downtown area. Currently zoned SF3, the lot offers significant potential for various development projects. The property's history as a former gas station is well-documented, with underground tanks having been filled and a completed environmental report readily available for review, ensuring a streamlined development process. The existing single-family residence is currently owner-occupied. The property's 0.54-acre size provides ample space for a variety of development plans, while its high-visibility corner location ensures maximum exposure. This is an exceptional chance to capitalize on Westfield's thriving community and burgeoning real estate market. The asking price is $689,000. Hamilton County location and 46074 zip code. Serious inquiries only.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use


    Location Insight

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    • Local Demand
    City
    Westfield
    County
    Hamilton
    State
    Indiana
    Longitude
    -86.1275
    Latitude
    40.0503
    More about this property
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