0 Hornaday Rd Brownsburg, IN 46112
This exceptional commercial property offers a unique development opportunity in Brownsburg, Indiana. Located at the northeast corner of Hornaday Road and Northfield Drive, this site boasts 1.75 acres of land zoned for commercial use, allowing for the construction of up to 16,000 square feet of space. The property is ideally situated within established residential neighborhoods in Brownsburg and Avon, providing immediate access to a substantial consumer base. The minimum divisible space is 1,200 square feet, with a maximum contiguous space of 14,000 square feet, offering flexibility for various business needs. This location benefits from Hendricks County's rapid growth, exceeding 10% population increase over the past nine years. Nearby developments include Ortho Indy West, the Hendricks County YMCA in Avon, and numerous residential units. The site presents a high barrier to entry due to limited commercial zoning in the area. Brownsburg's consistent recognition as one of the "100 Best Places to Live" in the US by CNN Money Magazine further underscores the desirability of this location. This is an exceptional chance to capitalize on a thriving market and establish a presence in a highly sought-after community. The property is located in Hendricks County, Indiana, with a zip code of 46112. The property is suitable for retail, office, and land development. Multiple tenancies are possible.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.