9925 206Th St Noblesville, IN 46062
This exceptional 5-acre commercial land parcel presents a compelling redevelopment opportunity in the burgeoning Noblesville, Indiana market. Located at 9925 E 206th St, this property boasts 340 feet of frontage on East 206th Street, providing excellent visibility and accessibility. The site is zoned Res 1 fam unplatted 0-9.9 acres, offering flexibility for various development projects. Existing improvements include a barn and RV port, constructed in 2020, adding immediate value and potential interim use. Utilities are readily available on-site, simplifying the development process. The property's 2,808 square feet of net rentable space across three existing buildings, built in 1964, and situated on a single story, provides a solid foundation for future plans. The asking price is $500,000, with an occupancy date projected for October 25, 2024. This prime location in Hamilton County, zip code 46062, offers investors a chance to capitalize on Noblesville's continued growth. The property's ample size and strategic location make it an ideal investment for those seeking a high-return redevelopment project. The parcel's APN is 10-07-20-00-00-009.000. Don't miss this chance to acquire a significant piece of Noblesville's future.
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Circle D Farms Association / Organization
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.