Carey Rd Westfield, IN 46074
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.