6437 W Broadway McCordsville, IN 46055
For Sale
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This exceptional 1.224-acre commercial land parcel presents a remarkable investment opportunity in the thriving McCordsville, Indiana market. Located on West Broadway (US67), this fee-simple property boasts convenient access to major thoroughfares, ensuring high visibility and accessibility for any commercial venture. The property is zoned for Old Town development, offering a range of potential uses. Existing infrastructure is a significant advantage, with sewer and water services readily available on-site. This eliminates the considerable expense and time delays often associated with new infrastructure development, allowing for a faster and more cost-effective project launch. The property's 1.224-acre size provides ample space for a variety of commercial developments, from retail spaces to light industrial facilities. Furthermore, the possibility of acquiring additional adjacent land presents an opportunity for expansion or development of a larger-scale project. The property's APN is 30-01-26-100-012.000-018. This prime location in Hancock County, Indiana, with a 46055 zip code, offers a strategic advantage for businesses seeking to establish a presence in a growing community. The asking price is $850,000.
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
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.