Property summary
This exceptional 9.8-acre development opportunity in Franklin, Indiana, presents a unique investment prospect. Located on State Road 135, the property boasts a prime location within the highly sought-after Center Grove School district. Currently zoned C-3, allowing for mixed commercial and residential use, this land aligns perfectly with Bargersville's 2040 Comprehensive Plan. The sale encompasses four parcels, offering flexibility for various development scenarios. Existing improvements include a 2,928 square foot leased automotive repair shop, a 1,200 square foot leased single-family home, and a 3,264 square foot storage building, generating immediate income potential. The asking price is $1,800,000, translating to approximately $183,673 per acre. This property's strategic location, zoning, and existing structures make it an ideal canvas for a diverse range of development projects, catering to both commercial and residential needs. The property's address is 4721 IN-135, Franklin, IN 46131, within Johnson County. This is a rare chance to acquire a substantial land parcel in a thriving area with excellent schools and strong community appeal. Don't miss this opportunity to capitalize on the growth potential of this highly desirable location.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 30 reports a month
- Location Analytics
- Market Trends
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 300 reports a month
- Location Analytics
- Market Trends
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
and get 1 Light Report
- Property Information
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Potential
- Location Insight
- Alternative use
- Local Zoning Insight