196Th St Westfield, IN 46074
- Land
- 31.51 lot acres
Current Use by Public Records
- Land
Property Details for 0 196Th St
- Lot size
- 31.51 lot acres
- Property type
- Land
Description
This exceptional 31.51-acre commercial land parcel presents a remarkable investment opportunity in Westfield, Indiana. Strategically located on East 196th Street, the property boasts nearly 1300 feet of frontage along the heavily trafficked US 31, ensuring unparalleled visibility and accessibility for any development. The site is situated within the Westfield Employment Corridor, a thriving area known for its strong economic growth and attractive location near the Chatham Hills and Grand Park. With utilities readily available at or near the site, this property is ideally suited for a variety of development projects, including office spaces, research and development facilities, and residential communities. The high daily traffic volume on US 31 (35,524 vehicles per day) provides significant exposure and potential for attracting a wide range of businesses and residents. This prime location offers a unique blend of public and private partnership opportunities, making it an ideal canvas for collaborative ventures. Priced at $4,271,400, this 31.51-acre parcel represents a substantial investment opportunity in one of Indiana's most desirable areas. The property's size and location make it an exceptional choice for developers seeking to capitalize on the region's flourishing market and create a successful, high-impact project.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Westfield
- County
- Hamilton
- State
- Indiana
- Longitude
- -86.1126
- Latitude
- 40.0723