4677 State Rd 135 Franklin, IN 46131-8377
This exceptional 2,688 square foot freestanding retail building is situated on a 0.39-acre lot in Franklin, Indiana, a rapidly expanding area of Johnson County. Boasting 95 feet of road frontage on State Road 135, this property benefits from an estimated 13,700+ vehicles passing daily, according to INDOT data. The building's versatile layout presents numerous possibilities for a variety of retail businesses. Previous uses include a beauty salon, auto parts store, and car lot, demonstrating its adaptability. An added advantage is the inclusion of an overhead door at the rear of the structure, enhancing logistical flexibility. The property's high visibility and substantial traffic flow make it an ideal location for businesses seeking maximum exposure. This is a rare opportunity to acquire a well-positioned retail space in a thriving market. Note that an adjacent building is also available for purchase (BLC# 21908238). Priced at $599,900, this property offers significant potential for growth and return on investment.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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Risks
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