3132 John Williams Blvd Bedford, IN 47421
This exceptional 1.101-acre commercial land parcel, located at 3132 John Williams Blvd in Bedford, Indiana, presents a unique investment opportunity. The property boasts a substantial 47,916 square feet and is priced competitively at $395,000, or $8.24 per square foot. Situated directly in front of the bustling Williams Crossing shopping center, this outlot benefits from exceptional visibility and high traffic counts. Williams Crossing, a 49,958 square foot center built in 2006, enjoys a prominent location just off US Route 50, a major thoroughfare with 20,000 vehicles passing daily. This strategic positioning ensures significant exposure to a substantial customer base. The property's adjacency to a nearly identical available outlot offers potential for expansion or synergistic development. The area is anchored by a Walmart and further enhanced by the presence of other major retailers including Dunham's Sports, Rural King, Lowe's, Big Lots, and Tractor Supply Company, solidifying its position as a dominant retail hub in Bedford, the county seat of Lawrence County (zip code 47421). This prime location offers unparalleled potential for a variety of commercial ventures. The property's size and location make it ideal for development, offering significant return on investment.
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.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.