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OFF-MARKET
Retail properties & Spaces

267 And Interstate 74 Brownsburg, IN 46112

0.5 ac lot
Property ID
Property summary
AI-generated overview

Northfield Crossing offers exceptional commercial land opportunities in Brownsburg, Indiana. Located at the intersection of Green Street/SR 267 and Interstate 74, this development boasts high visibility and accessibility. Lots range from 0.5 to 6.7 acres, providing flexibility for various commercial uses including restaurants, QSR, and retail. Phase 1 is complete, featuring an Aldi grocery store. Phase 2, encompassing 6.7 acres of I-74 frontage, is underway, including new road construction connecting to a Kroger intersection. The site plan incorporates newly constructed common areas and roads. Negotiations are in progress with prominent retail, restaurant, and hotel brands for future development. This prime location benefits from high traffic counts on I-74 (40,286 VPD), Green Street/SR 267 (51,459 VPD), and Northfield Drive (17,255 VPD), exceeding traffic counts of any other undeveloped property in Hendricks County. Brownsburg is a rapidly growing community, experiencing a 36% population increase between 2010 and 2020, recognized for its strong economy, low crime, and excellent schools. Hendricks County itself is the second fastest-growing county in Indiana. The property's proximity to downtown Brownsburg and its position within the town's primary retail corridor ensure strong regional drawing power. Surrounding developments include established and new apartments, neighborhoods, healthcare facilities, manufacturing, hotels, car dealerships, retailers, and restaurants. This is a unique chance to join Aldi and other high-profile tenants in a thriving location.

Property profile
Verified
Property type Retail properties & Spaces
Lot 0.5 ac (21,780 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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