535 Country Gate Dr New Whiteland, IN 46184
This exceptional 4-acre commercial land parcel, divisible into 1-acre lots, presents a unique investment opportunity in New Whiteland, Indiana. Strategically located on US-31, this property boasts GB-2 zoning, permitting a diverse range of uses including retail, office, and daycare facilities. Situated within the master-planned Vita of New Whiteland senior community (an 18.5-acre development encompassing independent living, assisted living, and memory care), this site benefits from high visibility and established infrastructure. The land is "shovel ready," with utilities already connected and water detention systems in place, minimizing development time and costs. The seller is open to selling individual outlots ranging from 1 to 4 acres or exploring build-to-suit lease arrangements, offering flexibility to suit various development needs. The asking price is $1,580,000, with a land value of $395,000 per acre. This prime location in Johnson County, Indiana (zip code 46184), offers excellent access to a thriving community and significant growth potential. The property's address is 535 Country Gate Drive.
Cap rate
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Property description
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