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Property profile & analytics
OFF-MARKET
Land

141st St & Olio Rd Noblesville, IN 46060

Property ID
Property summary
AI-generated overview

This exceptional 27-acre commercial land parcel presents a unique investment opportunity in Noblesville, Indiana. Situated at the northeast corner of Olio Road and 141st Street, this property serves as the gateway to the burgeoning Innovation Mile, a 300-400 acre master-planned business district. The site boasts easy access and direct visibility to I-69, ensuring high traffic exposure and convenient transportation. Utilities are already on-site, streamlining the development process. Innovation Mile is attracting significant investment, with shovel-ready sites available for various industries including medical, technology, bioscience, pharmaceutical, and advanced manufacturing. This strategic location benefits from the recent surge in development within Noblesville, including over $1 billion in announced projects since 2020, resulting in nearly 1,100 new jobs, over 5,870 new residential units, and 3.6 million square feet of new commercial space. Established businesses in the area include BorgWarner ($30 million facility), Innovation One ($13 million facility), and the Indiana Joint Replacement Institute ($28 million facility), underscoring the area's economic vitality and growth potential. This property offers an unparalleled chance to capitalize on Noblesville's thriving business environment and become part of a rapidly expanding community. The Hamilton County location and 46060 zip code further enhance its appeal.

Property profile
Verified
Property type Land
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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