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    OFF-MARKET
    Land

    9500 Pad 1, Avon, IN 46123

    1.1 ac lot
    Property ID
    Property summary
    AI-generated overview

    This 1.1-acre retail outparcel in Avon, Indiana, presents a prime development opportunity. Situated at 9500 East US Highway 36 (Pad 1), 46123, this property enjoys a highly visible location on the main entry drive to a high-volume Walmart Supercenter. The site benefits from a dual signalized entry and a full cross easement to the adjacent Gable Crossing Shopping Center, anchored by Hobby Lobby and At Home. This strategic location places the property within a thriving retail corridor, surrounded by numerous national restaurants, banks, and retailers, including Panda Express, Cheddar's, Goodwill, Primanti Bros, Beauty Brands, Chase Bank, Popeye's, Key Bank, Starbucks, ALDI, RoomPlace Furniture, and Dollar Tree. The property's proximity to a newly constructed St. Vincent's micro-hospital ($10M+ investment) further enhances its desirability. The outparcel can be combined with an adjacent parcel to create over two acres of developable land, offering significant flexibility for larger-scale projects. This exceptional location in the rapidly growing Avon submarket provides unparalleled access to a dense population base and high consumer traffic. The property's visibility and convenient access make it an attractive investment for a variety of retail uses.

    Property profile
    Verified
    Property type Land
    Lot 1.1 ac (47,916 SF)
    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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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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