State Road 38 Westfield, IN 46074
- Land
- 30.00 lot acres
Current Use by Public Records
- Land
Property Details for 0 State Road 38
- Lot size
- 30.00 lot acres
- Property type
- Land
Description
This exceptional 45.44-acre commercial land parcel presents a remarkable investment opportunity in Westfield, Indiana. Strategically located at the southeast corner of US 31 and State Road 38, this property enjoys unparalleled visibility and accessibility. Currently zoned AG-SF1, it aligns perfectly with Westfield's master plan designating this area for "Regional Commercial" development. The site's potential is amplified by its proximity to established businesses and affluent residential areas, indicating a strong path of growth for mixed-use development. Utilities are readily available near the site, simplifying infrastructure integration. The lot size ranges from 30 to 45.44 acres, offering flexibility for various development scales. The asking price is $5,175,000, with a price per acre ranging from $115,000 to $172,500, reflecting the prime location and development potential. This property is ideally suited for a wide range of commercial ventures, capitalizing on the area's robust economic growth and strategic location. Don't miss this chance to acquire a premier commercial land holding in a thriving Indiana community. The address is 0 East State Road 38, Westfield, IN 46074.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Westfield
- County
- Hamilton
- State
- Indiana
- Longitude
- -86.1251
- Latitude
- 40.0906
