Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Graham Rd Franklin, IN 46131
    Back to Search
    Property profile & analytics

    Graham Rd, Franklin, IN 46131

    View on Map
    • Land
    • 35.93 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Graham Rd

    Lot size
    35.93 lot acres
    Property type
    Land
    Property subtype
    Industrial properties

    Description

    This exceptional 35.933-acre parcel presents a significant opportunity for industrial development in Franklin, Indiana. Strategically located on Graham Road and Earlywood Drive, this property boasts unparalleled access to major transportation arteries. It's just one mile from US-31 and a convenient 2.8 miles from I-65, ensuring seamless logistics and distribution. Recently rezoned for Industrial Light (IL) use, the site is ready for immediate development. The asking price is $2,750,000, translating to approximately $76,500 per acre. The property's location within an Opportunity Zone adds further investment appeal. The parcel's APN is 41-08-02-021-004.000-009. This expansive site offers developers a unique chance to capitalize on Franklin's thriving industrial sector and its excellent connectivity. The Johnson County location and the readily available IL zoning make this a highly attractive proposition for businesses seeking a strategic foothold in a rapidly growing area. Don't miss this chance to acquire a substantial and well-positioned industrial land asset.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Franklin
    County
    Johnson
    State
    Indiana
    Longitude
    -86.0575
    Latitude
    39.5159

    Comparable in this City

    • Value Estimation by Request
      42.00 Acres

      County Rd 525

      Land
      0 County Rd 525, Franklin, IN 46131
      View Details
    • Value Estimation by Request
      35.14 Acres

      3113 Graham Rd

      Land
      3113 Graham Rd, Franklin, IN 46131
      View Details
    • Value Estimation by Request
      80.00 Acres

      2754 County Rd 300

      Land
      2754 County Rd 300, Franklin, IN 46131
      View Details
    • Value Estimation by Request
      29.93 Acres

      525 E & 50

      Land
      525 E & 50, Franklin, IN 46131
      View Details
    • Value Estimation by Request
      509,600 SF

      Commerce Pkwy

      Refrigerated & Cold Storage
      0 Commerce Pkwy, Franklin, IN 46131
      View Details
    • Value Estimation by Request
      1,012,440 SF

      Arvin Dr

      Refrigerated & Cold Storage
      0 Arvin Dr, Franklin, IN 46131
      View Details

    Similar Nearby for Sale

    • $111,100

      Land for Sale

      Land available in Johnson County.
      1679 Mill Pond Ln, Franklin, IN 46131
      View Details
    • Contact for pricing

      Land Available in Franklin, IN

      Land for sale at 363 Paris Dr, Franklin, IN.
      363 Paris Dr, Franklin, IN 46131
      View Details
    • Contact for pricing

      Land For Sale Franklin, IN

      Land available for sale in Franklin, Indiana.
      2105 E King St, Franklin, IN 46131
      View Details
    • Contact for pricing

      Land For Sale Franklin

      Land available for sale in Franklin, Indiana.
      Paris Dr, Franklin, IN 46131
      View Details
    • Contact for pricing
      6,094 SF

      Industrial Property Near Downtown Franklin

      Industrial property with outside storage near downtown Franklin, Indiana.
      159 Cincinnati St, Franklin, IN 46131
      View Details
    • Contact for pricing
      22,996 SF

      Franklin Industrial Building For Sale

      22,996 SF industrial building on 1.54 acres for sale.
      225 Industrial Dr, Franklin, IN 46131
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Bargersville Commercial Opportunity

      Commercial space available for sale or lease in Bargersville, Indiana.
      I-69 & Sr 144, Bargersville, IN 46131
      View Details
    • Contact for pricing
      700,992 SF

      I-65 South Commerce Park

      Build-to-suit and speculative construction sites available for lease.
      500 N 500 E & SR 44, Franklin, IN 46131
      View Details
    • Contact for pricing
      434,150 SF

      Franklin Warehouse and Distribution Space

      Large industrial space available for lease in Franklin, Indiana.
      180 Bartram Pkwy, Franklin, IN 46131
      View Details
    • Contact for pricing
      199,364 SF

      Franklin Warehouse Space Available

      199,364 SF warehouse space for lease in Franklin, Indiana.
      2280 Mcclain Dr, Franklin, IN 46131
      View Details
    • Contact for pricing
      808,505 SF

      Franklin Industrial Space For Lease

      Industrial and warehouse space available for lease in Franklin, Indiana.
      500 Bartram Pkwy, Franklin, IN 46131
      View Details
    • $15 SF/Yr

      New Industrial Space in Franklin

      New industrial building with customizable space, convenient location in Franklin.
      1551 Amy Ln, Franklin, IN 46131
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Graham Rd
    Franklin, IN 46131
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    Graham Rd, Franklin, IN, 46131
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!