636 E Broadway St Fortville, IN 46040
- Commercial real estate
- 40.29 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 636 E Broadway St
- Lot size
- 40.29 lot acres
- Property type
- Commercial real estate
Description
This exceptional 40.29-acre parcel presents a remarkable opportunity for developers seeking a prime location in the thriving Hancock County area. Situated in Fortville, Indiana, at 636 E Broadway St, 46040, this property boasts a highly desirable Planned Unit Development (PUD) zoning designation. This zoning allows for a flexible mix of multifamily residential and industrial development, catering to a diverse range of project visions. The land itself is characterized by flat topography and dry conditions, simplifying site preparation and construction. Convenient access is ensured via its proximity to US-36, 1000N, and S. Madison St, providing excellent connectivity for residents and businesses alike. All utilities are conveniently located at the site, eliminating significant infrastructure hurdles. The property is located within Fortville's South Madison Tax Increment Financing (TIF) District, potentially offering additional financial incentives for development. This strategic location, combined with its versatile zoning and readily available utilities, makes this 40.29-acre tract an exceptional investment opportunity for discerning developers seeking to capitalize on the growth and potential of Fortville, Indiana. The asking price for this expansive development site is $3,300,000.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Fortville
- County
- Hancock
- State
- Indiana
- Longitude
- -85.842365
- Latitude
- 39.933619
