Property profile

Carey Rd Westfield, IN 46074

OFF-MARKET
Mixed-use properties
6.65 ac lot
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Property summary

AI-generated overview

This exceptional 6.65-acre commercial property presents a unique investment opportunity in Westfield, Indiana. Located at 0 Carey Road, this parcel is zoned for commercial use and boasts an enviable location surrounded by affluent residential neighborhoods, including the Bridgewater subdivision. Its strategic position near the intersection of East 161st Street and Carey Road ensures excellent road access and high visibility. The property's proximity to major thoroughfares like US-31 and US-32, along with convenient access to amenities such as Kroger and Carey Elementary School, further enhances its appeal. The site is perfectly positioned to serve the needs of the thriving residential community, making it suitable for a variety of commercial ventures, including retail establishments, wholesale operations, merchandising businesses, and professional services. This high-value location offers significant potential for development and represents a rare opportunity to establish a business in one of Westfield's most desirable areas. The property's size and location make it an attractive prospect for businesses seeking a strong presence in a high-growth market. The asking price is $1,200,000.

Property profile

Verified
Property type Mixed-use properties
Lot 6.65 ac (289,674 SF)

Cap rate & NOI

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

Location

Carey Rd Westfield, IN 46074
Westfield metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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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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