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Property profile & analytics
FOR SALE
Commercial land

14285 Mundy Dr Noblesville, IN 46060

1.32 ac lot
Entity Owned 7-yr Hold Absentee Owner Free & Clear
Property ID
US31-3458845
14285 Mundy Dr, Noblesville, IN 46060 For Sale
$850,000
14285 Mundy Dr, Noblesville, IN 46060
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Property summary
AI-generated overview

This ±1.3-acre commercial outlot in Noblesville, Indiana, boasts 250 feet of prime frontage along State Road 37, between 141st and 146th Streets within the Prairie Lakes development. Located near the new Costco (opening November 2023), this development-ready site offers excellent visibility to over 36,000 vehicles per day. Utilities and master retention are in place. The property benefits from strong co-tenancy with established businesses including Chase Bank, a Prime Car Wash, 21st Amendment, Tire Discounters, Jaggers, and various retail shops. This location serves the rapidly growing Fishers and Noblesville markets, with a dense trade area exceeding 62,000 people within a three-mile radius. The area shows a 2.9% historical annual growth rate (2010-2021) within three miles. The 146th Street and SR 37 interchange improvements are complete, and pre-construction for further enhancements began in January 2023, including a Right-In-Right-Out (RIRO) configuration for 141st Street. Asking price is $950,000. The permitted zoning is commercial/retail. This is an exceptional opportunity for investors seeking high-visibility commercial land in a thriving Indiana market.

Property profile
Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 1.32 ac (57,499 SF)
APN 29-11-19-028-008.000-019
UPID US31-3458845
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
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Owner & transaction history
City Of Fishers · 7 yrs held
City Of Fishers
since 2018
3 recorded transactions
2018
$500
2008
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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