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125 W Tournament Trl Westfield, IN 46074

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1.1 ac lot
125 W Tournament Trl, Westfield, IN 46074 For Lease
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125 W Tournament Trl, Westfield, IN 46074
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Estimated value
No estimation on file for this property yet.
Property ID US31-3579886

Property summary

AI-generated overview

This exceptional 1.1-acre commercial land parcel presents a unique build-to-suit opportunity in the thriving city of Westfield, Indiana. Strategically located at the northeast quadrant of State Road 32 and Spring Mill Road, this single-tenant site boasts unparalleled visibility and accessibility. Situated in Hamilton County, this property benefits from its prime outlot position along SR 32, a major thoroughfare experiencing high traffic volume. The location offers exceptional proximity to a significant retail anchor, Meijer, ensuring consistent customer traffic and brand recognition. Furthermore, the property's adjacency to the Grand Park Sporting Complex, attracting over 2.5 million visitors annually, provides a substantial pool of potential customers and enhances the overall desirability of the site. Westfield's status as Indiana's fastest-growing city underscores the long-term investment potential of this land, promising significant returns for a developer seeking to construct a new commercial building. The site is available for ground lease, offering flexibility and potential for customized development to meet specific business needs. This is an exceptional opportunity to establish a presence in one of Indiana's most dynamic and rapidly expanding communities. The property's high visibility, convenient location, and proximity to major attractions make it an ideal site for a variety of commercial ventures.

Property profile

Verified
Property type Land
Lot 1.1 ac (47,916 SF)
UPID US31-3579886

Cap rate & NOI

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

Value estimations

Realmo proprietary · 4 methods
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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
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