2662 Us 31 Franklin, IN 46131
This exceptional 10-acre property, situated at 2662 US 31 South in Franklin, Indiana, presents a unique investment opportunity. The land is divided into five conveniently sized lots, offering flexibility for various development projects. Located in Johnson County, with a 46131 zip code, this property boasts a prime location along the heavily trafficked US 31 highway, ensuring high visibility and accessibility. The coordinates are 39.5103938 latitude and -86.0722787 longitude. This versatile land is zoned for both commercial and residential use, opening doors to a wide range of possibilities, from retail spaces and office buildings to residential developments. The property's size and location make it ideal for developers seeking to capitalize on the growing Franklin, Indiana market. Its strategic position along a major thoroughfare guarantees significant exposure and easy access for potential customers and residents. Serious inquiries are encouraged to explore the full potential of this exceptional land parcel. The property is ready for immediate development, offering a rare chance to build and thrive in a thriving community. Detailed zoning information and development guidelines are available upon request. Don't miss this opportunity to acquire a substantial piece of land in a rapidly expanding area.
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.