8050 Ortho Ln, Brownsburg, IN 46112
- Warehouses
- 15,225 SF
- 5.79 lot acres
Current Use by Public Records
- Signature Self Storage / Storage Facility
Property Details for 8050 Ortho Ln
- Year built
- 2020
- Construction
- TYPE NOT SPECIFIED
- Lot size
- 5.79 lot acres
- Property type
- Warehouses
- Property subtype
- Self storage facilities
- APN
- 32-07-25-113-001.000-016
- APU
- 320725113001000016
Description
This exceptional mixed-use development opportunity encompasses 0.5 to 1.75 acres of commercially zoned land situated at the northeast corner of Hornaday Road and Northfield Drive in Brownsburg, Indiana. The property offers up to 10,000 square feet of potential commercial space, ideal for a variety of uses including a bank, daycare, or quick-service restaurant, reflecting its mixed-use zoning. This prime location is strategically nestled within thriving residential neighborhoods in Brownsburg and Avon, benefiting from a robust and expanding community. Hendricks County, where this property resides, is experiencing remarkable growth, boasting over 10% population increase in the last nine years, making it one of the fastest-growing counties within the Indianapolis Metropolitan Statistical Area (MSA). The area's recent development surge includes the establishment of Ortho Indy West, the Hendricks County YMCA in Avon, over 1,900 new single-family homes, and more than 690 new apartment units. This property presents a rare opportunity due to high barriers to entry, as it's one of the few commercially zoned parcels in the immediate area. Adding to its appeal, Brownsburg has been twice recognized by CNN Money Magazine as one of the "100 Best Places to Live" in the United States within the last decade, underscoring its desirability and strong market fundamentals. This presents a unique chance to capitalize on a thriving market and build a successful commercial venture in a highly sought-after location. The property's Class A designation further enhances its investment potential.
Value Estimations
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $1,227,000
Market price range: $330k - $1.23M -
Alternative Use
- Use
- Estimation
- RESTAURANT
- $1,625,000
- MEDICAL BUILDING
- $1,510,000
- APARTMENT HOUSE (5+ UNITS)
- $1,235,000
- COMMERCIAL (GENERAL)
- $1,195,000
- RETAIL STORES
- $1,190,000
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Location Insight
- Map
- Local Demand
- City
- Brownsburg
- County
- Hendricks
- State
- Indiana
- Longitude
- -86.3802
- Latitude
- 39.8024
- CBSA code
- 26900
- CBSA name
- INDIANAPOLIS-CARMEL-ANDERSON, IN METROPOLITAN STATISTICAL AREA
