0 Gtwy Dr Franklin, IN 46131
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.
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.