Gtwy Dr Franklin, IN 46131
- Land
- 5.60 lot acres
Current Use by Public Records
- Land
Property Details for 0 Gtwy Dr
- Lot size
- 5.60 lot acres
- Property type
- Land
Description
This exceptional 5.6-acre commercial and residential land parcel presents a prime development opportunity in Franklin, Indiana. Strategically located at the intersection of I-65 and State Road 44, this property boasts excellent visibility and frontage on King Street (Gateway Drive), offering nearly 400 feet of road exposure. The site is zoned MXB and approved for quick-service restaurants (QSRs) with drive-thrus, large retail establishments, and multi-family residential projects. Its location within the Gateway Corridor places it in close proximity to thriving businesses, including McDonald's, Starbucks, Taco Bell, Culver's, and a Fairfield Inn. Business and industrial warehouses are also located within a half-mile radius. Utilities such as electricity, gas, water, and sewer are readily available nearby. Detailed surveys and development plans are available for review. The asking price for this exceptional property is $1,800,000. This represents a significant opportunity for investors and developers seeking high-impact commercial or mixed-use development in a rapidly growing area. The property's location at a major highway interchange and its proximity to established businesses make it an ideal site for a variety of commercial ventures. The approved zoning and existing infrastructure further enhance its appeal.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Franklin
- County
- Johnson
- State
- Indiana
- Longitude
- -86.0194
- Latitude
- 39.4832