4171 In-135 Franklin, IN 46131
- Office Properties & Spaces
- 728 SF
- 1.00 lot acres
Current Use by Public Records
- Office Properties & Spaces
Property Details for 4171 In-135
- Year built
- 1940
- Lot size
- 1.00 lot acres
- Property size
- 728 SF
- Property type
- Office Properties & Spaces
- Property subtype
- Office space
Description
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.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Franklin
- County
- Johnson
- State
- Indiana
- Longitude
- -86.1584
- Latitude
- 39.5362