You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
OFF-MARKET
Commercial real estate

12065 Michigan Rd Zionsville, IN 46077

2.24 ac lot
Property ID
US31-2064890
Property summary
AI-generated overview

This exceptional 2.24-acre commercial land parcel in Zionsville, Indiana, presents a remarkable investment opportunity. Located at the highly visible intersection of State Road 421/North Michigan Road and W. 121st Street (Greenfield Road), this property benefits from its prime position within a rapidly expanding area of Zionsville. The site boasts two existing curb cuts, simplifying development. Its Urban B-1 zoning allows for a variety of uses, including banks, childcare centers, retail establishments (excluding gas stations), and medical/dental facilities. The property's strategic location places it near major amenities such as Independence Village Zionsville, Grand Brook Memory Care, and is within two miles of several schools, including Zionsville Creekside Elementary, Carmel College Wood Elementary, and Zionsville High School. Nearby developments, including the Pittman Farms 48-acre development and Fischer Homes Chelsea Park, further underscore the area's robust growth trajectory. This lighted corner lot offers unparalleled visibility and accessibility, making it ideal for businesses seeking a prominent presence in a thriving community. The property's APN is 06-08-36-000-050.021-006. The asking price is $1,850,000.

Property profile
Verified
Property type Commercial real estate
Lot 2.24 ac (97,705 SF)
APN 06-08-36-000-050.021-006
UPID US31-2064890
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
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 12065 Michigan Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
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