Property summary
This exceptional 3.8-acre parcel, zoned B-1, presents a prime opportunity for retail development in Hancock County's thriving Mt. Comfort area. The property offers significant visibility and convenient access from two entry points, ensuring ease of ingress and egress. Its location within a rapidly expanding business and residential area provides immediate access to a substantial consumer base. The site is designated as a "shovel-ready" property by the State of Indiana, streamlining the development process. Nearby corporate neighbors include well-known brands such as Reebok, Adidas, Formica, and Caterpillar, underscoring the area's strong economic vitality. Further enhancing the location's appeal is the presence of a new Hancock County hospital campus under construction and the Mt. Comfort Air Park, a 160-acre master-planned business park. The ongoing development of Mt. Comfort Road as a connector road will further improve accessibility. Carvana, a major employer, is also expanding its workforce in the immediate vicinity, adding to the area's robust growth trajectory. This single-tenant property offers numerous design and layout options, benefiting from over 35 years of development experience. The site's potential is further amplified by its proximity to major transportation arteries, providing easy access to anywhere on the east side of Indianapolis. This is an unparalleled opportunity to establish a successful retail presence in a high-growth market.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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