4171 In-135 Franklin, IN 46131
This 728-square-foot freestanding office building presents a compelling investment opportunity. Located in Franklin, Indiana, on a one-acre lot with 265 feet of frontage on SR 135, this property offers significant potential. The building, constructed in 1940 and partially renovated in 2019, features two offices, a private restroom, and a kitchenette. Currently vacant, it is classified as a Class D building with a distressed sale condition. The asking price is $300,000, translating to $412.09 per square foot and $300,000 per acre. The property is zoned AG, requiring rezoning to commercial use in Bargersville. This single-story building offers a unique chance to acquire a property with high visibility and potential for redevelopment or continued use as an office space. The one-acre lot provides ample space for expansion or future development. The existing building's layout includes two offices, a private restroom, and a kitchenette. This is a rare opportunity to acquire a property in a desirable location at a competitive price.
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
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.