Current Use by Public Records
- Land
Property Details for 22890 Springmill Rd
- Lot size
- 34.86 lot acres
- Property type
- Land
- Property subtype
- Industrial properties
Description
This exceptional 34.86-acre industrial land parcel presents a compelling investment opportunity in Sheridan, Indiana. Located just off SR 38 on Springmill Road, this property benefits from its strategic position within a rapidly expanding commercial area, boasting neighboring businesses and easy access to major transportation routes. The site is conveniently situated 10 minutes north of Westfield, Indiana, and 20 minutes east of Lebanon, Indiana, placing it within a short commute of significant population centers and offering excellent connectivity to US 31 and I-65 North. The property's AG Developable zoning allows for a wide range of commercial and industrial development possibilities, making it an ideal site for new construction or expansion projects. The surrounding area showcases ongoing commercial development, underscoring the property's significant growth potential. This prime build site offers ample space for future expansion, further enhancing its long-term value. The property's location in a high-growth area, coupled with the potential for substantial development, makes it an exceptional investment opportunity with strong prospects for future returns. Adjacent properties are zoned for a variety of uses, including GR Elevator, 499 Commercial, and 399 Industrial, indicating a diverse and thriving commercial environment. The asking price for this remarkable property is $1,799,000.
Value Estimations
-
AI approach
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Sheridan
- County
- Hamilton
- State
- Indiana
- Longitude
- -86.1668
- Latitude
- 40.1189
