Property profile

203 Avon Ave Avon, IN 46123

OFF-MARKET
Land
Saved · see the list in your Dashboard

Property summary

AI-generated overview

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.

Property profile

Verified
Property type Land

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

203 Avon Ave Avon, IN 46123
Avon metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 203 Avon Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message