Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    Gristmill Rd Westfield, IN 46074

    • Commercial land
    • 0.82 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Jan 13, 2023
    Location Intelligence
    Property ID
    US31-3006890
    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.

    Current Use by Public Records

    • Commercial land

    Property Details for Gristmill Rd

    Lot size
    0.82 lot acres
    Property type
    Commercial land
    APN
    29-05-33-000-008.002-015
    APU
    290533000008002015

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Westfield
    County
    Hamilton
    State
    Indiana
    Longitude
    -86.1849
    Latitude
    40.0424
    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
    $28
    $1,200
    $0.00
    $1,200
    -
    $1,200
    $0.00
    $1,200

    Comparable in this City

    • Value Estimation by Request
      0.33 Acres

      96th W Dr

      VACANT COMMERCIAL LAND • 0.33 Acres
      96th W Dr, Carmel, IN 46074
      View Details
    • Value Estimation by Request
      1.53 Acres

      Spg Ml Pointe Dr

      VACANT COMMERCIAL LAND • 1.53 Acres
      Spg Ml Pointe Dr, Westfield, IN 46074
      View Details
    • Value Estimation by Request
      14.63 Acres

      Ee St

      VACANT COMMERCIAL LAND • 14.63 Acres
      Ee St, Westfield, IN 46074
      View Details
    • Value Estimation by Request
      7.56 Acres

      Ee St

      VACANT COMMERCIAL LAND • 7.56 Acres
      Ee St, Westfield, IN 46074
      View Details
    • Value Estimation by Request
      5.09 Acres

      1448 Waterleaf Dr

      VACANT COMMERCIAL LAND • 5.09 Acres
      1448 Waterleaf Dr, Westfield, IN 46074-7963
      View Details
    • Value Estimation by Request
      1.58 Acres

      19321 Westmore Ln

      VACANT COMMERCIAL LAND • 1.58 Acres
      19321 Westmore Ln, Westfield, IN 46074-9886
      View Details

    Similar Nearby for Sale

    • $950,000
      0.54 Acres

      Westfield Mixed-Use Redevelopment Opportunity

      Unique property with redevelopment potential in Westfield's growing downtown area.
      614 N Union St, Westfield, IN 46074
      View Details
    • $625,000
      2.18 Acres

      Westfield Mixed-Use Development Land

      2.18 acre mixed-use development site in Westfield, Indiana.
      17305 Spring Mill Rd, Westfield, IN 46074
      View Details
    • $3,818,100
      23.14 Acres

      Westfield Land Near US 31

      23 acres of land with high-traffic frontage in Westfield, IN.
      David Brown Dr, Westfield, IN 46074
      View Details
    • Contact for pricing

      Westfield Land for Development

      12.08 acres with utilities and frontage on 191st Street.
      100 E 191St St, Westfield, IN 46074
      View Details
    • $4,271,400

      Development Land on US 31

      Development land with frontage on US 31 in Westfield.
      East 196Th St, Westfield, IN 46074
      View Details
    • $1,350,000
      5.13 Acres

      Westfield Commercial Land Opportunity

      5.13 acres of commercial land in Westfield, Indiana.
      823 W State Road 32, Westfield, IN 46074
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Retail Development Opportunity in Westfield

      Retail development opportunity in a rapidly growing Westfield community.
      2135 W 146Th St, Westfield, IN 46074
      View Details
    • Contact for pricing
      62,000 SF

      Westfield Commercial Land Opportunity

      Prime 4.32-acre commercial lot, high-growth area.
      17300 Westfield Blvd, Westfield, IN 46074
      View Details
    • $18 SF/Yr
      2,641 SF

      Westfield Office Space For Rent

      Office space available for lease in Westfield, Indiana.
      17827 Commerce Dr, Westfield, IN 46074
      View Details
    • Contact for pricing
      946 SF

      Westfield Meijer Retail Space

      Prime in-store retail, high traffic.
      225 Springmill Pointe Dr, Westfield, IN 46074
      View Details
    • Contact for pricing
      22,167 SF

      Westfield Retail Center: Prime Location

      New construction, multi-tenant retail spaces.
      0 Westfield In, Westfield, IN 46074
      View Details
    • $8 SF/Yr
      106,267 SF

      Prime Hamilton County Manufacturing Space

      106,267 SF Multi-Tenant Industrial Building
      2000 196Th St, Westfield, IN 46074
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Gristmill Rd
    Westfield, IN 46074
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.