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    Property profile & analytics

    12065 Michigan Rd Zionsville, IN 46077

    • Commercial real estate
    • 2.24 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US31-2064890
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Commercial real estate

    Property Details for 12065 Michigan Rd

    Lot size
    2.24 lot acres
    Property type
    Commercial real estate
    APN
    06-08-36-000-050.021-006

    Description

    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.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Zionsville
    County
    Boone
    State
    Indiana
    Longitude
    -86.246993607229
    Latitude
    39.961976781895

    Comparable in this City

    • Contact for pricing

      Zionsville Development Opportunity

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      Versatile Lot in Growing Area

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      Zionsville Land: Development Opportunity

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    • Contact for pricing

      Zionsville Commercial Land - 2000 SF

      Prime Zionsville location, 2000 sq ft commercial lot.
      106th St & Main St, Zionsville, IN 46077
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      Zionsville Development Opportunity

      Fully-zoned development land in Zionsville, Indiana.
      10825 East 300 South, Zionsville, IN 46077
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    Similar Nearby for Sale

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      Zionsville Development Opportunity

      Fully-zoned development land in Zionsville, Indiana.
      10801 East 300 South, Zionsville, IN 46077
      View Details
    • $199,000
      0.17 Acres

      Residential Lots in Holliday Farms

      Residential lots in Zionsville's Holliday Farms community with social membership.
      4155 Hartswick Ct, Zionsville, IN 46077
      View Details
    • $495,000
      1.17 Acres

      Versatile Lot in Growing Area

      1.17 acre lot suitable for residential or commercial development.
      10048 E Taylor Ave, Zionsville, IN 46077
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    • Contact for pricing

      Zionsville Development Opportunity

      Fully-zoned development land in Zionsville, Indiana.
      3245 S Us Highway 421, Zionsville, IN 46077
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    • Contact for pricing

      Commercial Land in Zionsville

      1.3 acre commercial land for retail development.
      11695 E 550 S, Zionsville, IN 46077
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    • $499,000
      2.06 Acres

      Residential Lots in Gated Subdivision

      2+ acre residential lots in Zionsville's Promontory subdivision.
      9280 Highpointe Ln, Zionsville, IN 46077
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    Similar Nearby for Lease

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      Anson Trade Area Land Parcel

      27 acre commercial land parcel in Anson trade area.
      7105 E State Road 334, Zionsville, IN 46077
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      240,000 SF

      Zionsville Retail Center Opportunity

      Prime Zionsville retail space available.
      146th St. And Michigan St, Zionsville, IN 46077
      View Details
    • Contact for pricing

      Anson Trade Area Land Parcel

      27 acre land parcel in growing retail corridor.
      6125 Morton Rd, Zionsville, IN 46077
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      Whitestown Land for Lease

      Land available for retail, medical, and restaurant development.
      3863 S Main St, Zionsville, IN 46077
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    • Contact for pricing
      756 SF

      Zionsville Meijer Retail Space

      756 SF In-Store Retail Lease
      6650 Whitestown Pkwy, Zionsville, IN 46077
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    • Contact for pricing
      2,038 SF

      Zionsville Office Space Available

      Office suite with ample parking and high visibility location.
      12036 N Michigan Rd, Zionsville, IN 46077
      View Details
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    12065 Michigan Rd
    Zionsville, IN 46077
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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