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Property profile

2996 Us-421 Whitestown, IN 46075

OFF-MARKET
Day care centers
3.19 ac lot
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Property summary

AI-generated overview

This exceptional 3.19-acre parcel presents a remarkable redevelopment opportunity in Whitestown, Indiana. Ideally situated at the intersection of US Highway 421 and East 300 North in Boone County (APN: 06-12-21-000-018.000-012 & 06-12-21-000-019.000-012), this property offers unparalleled access and visibility. Currently zoned LB (Local Business) under Boone County jurisdiction, the land boasts potential flexibility with possible rezoning or variance for General Business (GB) use, as indicated by Boone County Planning & Zoning. The asking price is $744,900. This investment-grade land is suitable for a variety of uses, including daycare/nursery, pharmacy/drug store, and restaurant development, making it an attractive prospect for owner-occupied or investment purposes. Capitalize on Boone County's continued expansion and growth with this strategically located land, poised for significant returns. The property's prime location ensures high traffic volume and excellent visibility, creating a strong foundation for a successful venture. This is a rare chance to acquire a substantial land holding in a thriving area, ready for immediate development. The property is suitable for retail and office development.

Property profile

Verified
Property type Day care centers
Lot 3.19 ac (138,956 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

2996 Us-421 Whitestown, IN 46075
Whitestown metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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