5503 County Rd 125 Whiteland, IN 46184
This exceptional 5-acre property in Whiteland, Indiana, presents a unique investment opportunity. Located at 5503 County Rd 125 E, this mixed-use land parcel offers significant potential for diverse development. Currently zoned agricultural, the property boasts three existing buildings and a convenient gravel parking area. The lot's strategic location within Johnson County, specifically its proximity to properties zoned I-1 industrial and commercial, suggests strong potential for rezoning. This prime location in a rapidly expanding area offers investors a chance to capitalize on the area's growth trajectory. The property's 5-acre size provides ample space for various development scenarios. The existing buildings could be repurposed or renovated, or they could be removed to make way for new construction. The APN is 41-05-22-024-004.000-033. Interested parties are encouraged to independently verify zoning regulations and potential rezoning options with the relevant city and county authorities. The asking price for this remarkable property is $499,000. This presents a compelling opportunity to acquire a substantial land parcel in a high-growth area with considerable development potential.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
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Property description
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No recorded transactions found for this property.
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