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Property profile & analytics
OFF-MARKET
Commercial real estate

636 Broadway St Fortville, IN 46040

40.29 ac lot
Property ID
US31-0804826
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial real estate
Lot 40.29 ac (1,755,032 SF)
UPID US31-0804826
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
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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