Property summary
This exceptional 26,737 square foot property, located at 870 Mallory Pkwy in Franklin, Indiana, presents a unique investment opportunity. Originally a successful cinema complex operating for over two decades, this single-story, 1999-built building boasts nine screens (seven indoor and two outdoor drive-in). The expansive 9.28-acre lot features ample paved and lighted parking. Its prime location, situated behind Kroger and Kohl's shopping centers, benefits from high visibility and convenient… access just off US 31 South. The property's MXC Mixed Use Commercial zoning allows for diverse uses, including continued entertainment, retail, trade school, or business ventures. The high ceilings (19 feet) and existing infrastructure offer significant potential for adaptive reuse, such as a daycare center or church campus. The building includes a welcoming reception area and features an elevator. This versatile property is ideal for an investor seeking a high-impact commercial space in a thriving community near local schools and Franklin College. The entire 26,737 square feet is currently vacant, offering immediate occupancy. The property's APN is 41-08-15-014-001.021-009, and it's located in Johnson County, Indiana, zip code 46131.
Ownership intelligence
Resolved identity, portfolio, hold profile and investor signals. Included in the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Sep 2026Realmo valuation models over county records.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Price sensitivity
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The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
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The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
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