205 Green StBrownsburg, IN 46112

Property Details for 205 Green St

Year built

1916

Construction

WOOD

Lot size

0.34 AC

Property size (Sq ft)

848 SF

Property type

Office properties

Property subtype

Other office properties

APN

32-07-11-180-014.000-016

APU

320711180014000016

Description

This exceptional investment opportunity encompasses six contiguous parcels totaling 1.65 acres, situated on North Green Street in Brownsburg, Indiana. The property is ideally positioned directly across from a new commercial development, offering immediate exposure and synergy with thriving businesses. This assemblage presents a unique chance to participate in the ongoing redevelopment of this dynamic area. The property is being sold as a single entity, comprising all six parcels. The combined acreage provides significant flexibility for a variety of commercial ventures, from office buildings to retail spaces, or a mixed-use development. The strategic location offers excellent visibility and accessibility, making it an attractive proposition for businesses seeking a prominent presence in Brownsburg. The potential for significant return on investment is substantial, given the current market conditions and the ongoing growth of the surrounding area. Further expansion opportunities may exist, with the possibility of acquiring additional parcels in the vicinity. This is a rare chance to secure a substantial land holding in a prime Brownsburg location poised for continued growth and development. Interested parties are encouraged to conduct their own due diligence to assess the full potential of this remarkable property.

• CAP approach

  CAP return

  Valuation

  6%

  $104,605

  6.5%

  $96,558

  7%

  $89,661

• Comparable approach

  Method

  Valuation

  Relative Method

  $72,996

  Geo Method

  $72,996

• Alternative Use

  Use

  Valuation

  Residential

  $119,732

  Hospitality

  $109,674

  Educational

  $91,247

  Medical

  $94,386

  Retail

  $141,940

Location Insight

City

Brownsburg

County

Hendricks

State

Indiana

Latitude

39.8459

Longitude

-86.3966

CBSA code

26900

CBSA name

INDIANAPOLIS-CARMEL-ANDERSON, IN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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