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Property profile & analytics
OFF-MARKET
Land

0 196Th St Westfield, IN 46074

31.51 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 31.51 ac (1,372,576 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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