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    8956 N 600 W McCordsville, IN 46055
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    Property profile & analytics

    8956 N 600 W McCordsville, IN 46055


    • Grocery and convenience stores
    • 7,204 SF
    • 2.85 lot acres
    Commercial Outlot For Lease For Lease
    $520,000

    Commercial Outlot For Lease

    Approximately 2-acre outlot available for build-to-suit or ground lease.

    8956 N 600 W, Mccordsville, IN 46055
    View Listing
    Property ID
    US31-2868377
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Grocery and convenience stores

    Property Details for 8956 N 600 W

    Year built
    2021
    Construction
    TYPE NOT SPECIFIED
    Lot size
    2.85 lot acres
    Property size
    7,204 SF
    Property type
    Grocery and convenience stores
    APN
    30-01-23-400-030.004-018
    APU
    300123400030004018

    Description

    This exceptional commercial real estate offering presents a unique investment opportunity in the thriving McCordsville, Indiana market. Currently, a retail building is under construction, with plans for a second building in the near future. The property encompasses 5.7 acres of land, with a 1.2-acre outlot currently available for lease or build-to-suit development. This strategically located site boasts excellent visibility and accessibility from Olio Road, placing it in close proximity to the recently opened New Leo's Market & Eatery. The property's location serves the affluent communities of McCordsville, Fortville, and Geist, an underserved market with high income potential. The existing building offers one available retail space, making it ideal for a variety of businesses seeking a high-traffic location. The potential for future development, combined with the current construction and prime location, makes this a compelling opportunity for investors and businesses alike. The property is zoned for commercial use and offers significant potential for growth and return on investment within a rapidly expanding area. The 1.2-acre outlot provides flexibility for businesses seeking to build their own custom space, tailored to their specific needs. This is a rare chance to secure a prominent position in a burgeoning retail corridor.


    Value Estimations

    based on Realmo’s proprietary methodology
    • Alternative Use

      Use
      Estimation
      RETAIL STORES
      $630,000
      RESTAURANT
      $550,000
      COMMERCIAL (GENERAL)
      $530,000
      APARTMENT HOUSE (5+ UNITS)
      $530,000
      MEDICAL BUILDING
      $485,000
      AUTO REPAIR, GARAGE
      $435,000

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Mccordsville
    County
    Hancock
    State
    Indiana
    Longitude
    -85.9199
    Latitude
    39.9126
    CBSA code
    26900
    CBSA name
    INDIANAPOLIS-CARMEL-ANDERSON, IN METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $86,041
    $428,000
    $2,512,100
    $2,940,100
    -
    $428,000
    $2,512,100
    $2,940,100
    View Listing
    More about this property
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