4689 State Road 135 Franklin, IN 46131
- Mixed-use properties
- 2,504 SF
- 0.47 lot acres
Current Use by Public Records
- Mixed-use properties
Property Details for 4689 State Road 135
- Year built
- 1988
- Lot size
- 0.47 lot acres
- Property size
- 2,504 SF
- Property type
- Mixed-use properties
Description
This exceptional 0.47-acre mixed-use property at 4689 N State Road 135 in Franklin, Indiana, presents a compelling investment opportunity. The property boasts a total of 2,504 square feet of space, divided between two buildings. The main structure, a pole barn measuring approximately 36x45 feet (1620 sq ft), currently operates as an auto body shop and includes a car ramp, compressor, tools, and equipment (negotiable). A smaller building, approximately 17x52 feet (884 sq ft), serves as a paint shop. Both buildings are equipped with electricity, gas, and well water. A small storage shed is also located on the property. The property is currently zoned C-3 General Commercial Business, offering considerable flexibility for a variety of uses. The seller is highly motivated and open to offers. Approximately two-thirds of the 0.47-acre lot is currently undeveloped grassy land. Potential uses include, but are not limited to, car sales, daycare centers, restaurants, veterinary clinics, and various service and repair shops. Note that two adjacent properties to the west are currently listed for sale, and two properties to the east are pending sale. This presents a unique chance to acquire a strategically located commercial property with significant redevelopment potential in a growing area. The asking price is $389,900.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Franklin
- County
- Johnson
- State
- Indiana
- Longitude
- -86.158
- Latitude
- 39.5437