203 Avon Ave Avon, IN 46123
- Land
Current Use by Public Records
- Land
Property Details for 203 Avon Ave
- Property type
- Land
Description
This exceptional 2.5-acre commercial land parcel in Avon, Indiana, presents a unique investment opportunity. Located at 203 N Avon Ave, 46123, this property boasts a highly desirable location within Hendricks County. All utilities are already in place, eliminating significant upfront costs and expediting the development process. Furthermore, all necessary permitting has been secured, streamlining the construction timeline and minimizing potential delays. The property is zoned commercial, allowing for a wide range of development possibilities. Detailed construction documents for a 15,000 square foot multi-tenant commercial building are available for review, providing a solid foundation for immediate development. Alternatively, pre-leasing opportunities are available for spaces within a planned construction project. Lease rates are highly competitive, starting in the low $30s per square foot, plus a net operating expense (NNN) ranging from $5 to $8 per square foot. This property offers significant potential for both developers seeking a turnkey project and investors looking for strong rental income. Its strategic location and complete infrastructure make it an ideal site for a variety of commercial ventures. Don't miss this chance to acquire a prime commercial land parcel in a thriving Indiana community.
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
- Avon
- County
- Hendricks
- State
- Indiana
- Longitude
- -86.3996
- Latitude
- 39.7657
