Property profile

9500 Pad 1 Avon, IN 46123

OFF-MARKET
Land
1.1 ac lot
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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

Location

9500 Pad 1 Avon, IN 46123
Avon metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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