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Property profile & analytics
OFF-MARKET
Commercial land

100 Morton St Franklin, IN 46131

0.97 ac lot
Entity Owned 9-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US31-0582035
Property summary
AI-generated overview

This exceptional Franklin, Indiana property at 100 S Morton St offers a unique investment opportunity combining retail space and land lease options. The 0.97-acre lot presents a prime location along Franklin's main corridor on US 31, boasting high visibility and accessibility. The existing retail building totals 4,370 square feet, with flexible spaces available for lease ranging from a minimum of 1,025 square feet up to a potential 5,040 square feet. This allows for adaptability to various retail concepts and business needs. The property benefits from its strategic placement near a concentration of established national retailers and restaurants, including Kroger Marketplace, Kohl's, Walmart, Marshalls, Meijer, Starbucks, McAlister's Deli, Freddy's Frozen Custard & Steakburgers, Buffalo Wild Wings, PetSmart, and Chili's. This high-traffic area ensures significant foot traffic and brand visibility for prospective tenants. Construction is anticipated to begin in Spring 2025, presenting a timely opportunity for businesses to secure their place in this thriving retail hub. The property's multiple tenancy option allows for diverse business combinations, maximizing rental income potential. Don't miss this chance to be part of Franklin's vibrant commercial landscape.

Property profile
Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 0.97 ac (42,467 SF)
APN 41-08-14-033-075.000-009
UPID US31-0582035
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Geeta H Corp · 9 yrs held
Geeta H Corp
since 2016
3 recorded transactions
2023
Price N/A
2023
Price N/A
2016
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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