For Sale
$924,000

0 Tournament TrlWestfield, IN 46074

Prime 1.54-acre retail opportunity

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional 1.54-acre commercial outlot in Westfield, Indiana, presents a unique investment opportunity. Located within the thriving Gristmill Crossing development (Block 7), this shovel-ready site boasts a prime location at the highly visible intersection of State Highway 32 and Ditch Road, offering unparalleled access and visibility. The property benefits from excellent road infrastructure, including easy access to US 31 expressway, ensuring high vehicular and pedestrian traffic. Zoned for General Business use, utilities are conveniently located along Tournament Trail. A significant advantage is the availability of off-site master detention, eliminating the need for costly on-site detention systems. This last remaining outlot in a 74-acre development sits within a rapidly expanding area, experiencing substantial residential growth with 1,094 new single-family home starts in 2022 alone and 4,176 over the past four years. The surrounding area features top-rated schools, Grand Park Sports Campus, Chatham Hills Pete Dye Golf Course, Grand Junction Plaza, and a growing culinary scene, creating a strong demographic profile with high average and median incomes and above-average education levels. The asking price is $924,000, and the APN is 08-05-33-00-00-012.101. This property is ideal for a variety of uses, including bank, daycare, or quick-service restaurant. Don't miss this chance to capitalize on Westfield's booming growth.

Highlights

  • Prime outparcel in Westfield, IN's high-growth area.
  • Shovel-ready site, ready for immediate development.
  • On-site detention not required; master detention system already in place.

Property Details for 0 Tournament Trl

Property type
Day care centers & nurseries, Retail properties
Lot Size (sq. ft)
67,082 SF

Location Insight

City
Westfield
County
Hamilton
State
Indiana
Latitude
40.042598
Longitude
-86.190474
Tournament Trl, Westfield, Indiana

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0 Tournament Trl
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