2311 196Th St Westfield, IN 46074
This exceptional 16-acre commercial land parcel presents a unique investment opportunity in Westfield, Indiana. Situated at the high-traffic intersection of East Street and 196th Street, this property benefits from excellent visibility and accessibility. The parcel is strategically located directly south of the currently under-construction Community Health Network campus, making it ideally suited for a variety of healthcare-related commercial developments or supporting businesses. The AG SF-1 zoning allows for a range of potential uses, providing flexibility for developers. With its substantial size and prime location, this property offers significant potential for future growth and profitability. The property's address is 2311 E 196th St, Westfield, IN 46074, and its APN is 29-06-30-000-006.000-014. This Hamilton County location offers easy access to major transportation routes, ensuring convenient access for employees and customers. The proximity to the new Community Health Network campus further enhances the property's value and potential for attracting tenants. This is a rare opportunity to acquire a large, well-located commercial land parcel in a rapidly growing 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
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Property description
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.