161St St Westfield, IN 46074
- Land
- 54.30 lot acres
Current Use by Public Records
- Land
Property Details for 0 161St St
- Lot size
- 54.30 lot acres
- Property type
- Land
Description
This exceptional 54.3-acre commercial land parcel presents an unparalleled development opportunity in Westfield, Indiana. Located at the northeast corner of the new interchange of US 31 and 161st Street, and featuring a new roundabout at 161st and Union Street, this pad-ready site boasts unmatched visibility and accessibility. The property enjoys exposure to over 60,000 vehicles daily, placing your development at the gateway to Westfield's burgeoning downtown area. Situated just south of a new corporate headquarters, this location is nestled amongst Hamilton County's densest retail corridors and surrounded by affluent residential communities. Approved as a Planned Unit Development (PUD), this site is ideal for a mixed-use development, capitalizing on the high-profile location and significant traffic flow. The property's strategic position ensures maximum exposure and accessibility for any commercial venture. This is a rare opportunity to become part of a high-profile, rapidly growing area, offering significant potential for long-term investment and return. The address is N. Meridian St. and 161st St., Westfield, IN 46074, within Hamilton County. This prime location offers a unique blend of high visibility, convenient access, and proximity to thriving residential and commercial areas. Don't miss this chance to secure a prominent position in one of Hamilton County's most sought-after development areas.
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
- Westfield
- County
- Hamilton
- State
- Indiana
- Longitude
- -86.1955
- Latitude
- 40.0215
