2134 Holiday LnFranklin, IN 46131

Property Details for 2134 Holiday Ln

Year built

1995

Construction

TYPE NOT SPECIFIED

Lot size

1.28 AC

Property size (Sq ft)

2,730 SF

Property type

Office properties

APN

41-07-18-043-020.000-018

APU

410718043020000018

Description

This exceptional 2,730 square foot office building, situated on a 1.28-acre lot in Franklin, Indiana, presents a compelling investment opportunity. Currently leased at $4,200 per month (triple net lease) until October 31, 2027, this property offers immediate income potential. Its prime location boasts pylon frontage on Interstate 65, ensuring high visibility and easy access via the Franklin exit. The building is conveniently located less than 30 minutes from downtown Indianapolis and provides effortless access to I-465, I-70, and I-69, enhancing its regional appeal. Recent upgrades include all-new EIFS siding and replacement windows (2023), significantly improving energy efficiency. The interior features a flexible, open floor plan, adaptable to a wide range of professional uses, including but not limited to counseling centers, medical offices, veterinary clinics, daycare facilities, and various professional service businesses (attorneys, accountants, insurance, real estate, tax preparation, etc.). The substantial lot size offers significant potential for future expansion, allowing for more than doubling the current building footprint. This property's combination of strong location, recent improvements, and existing lease makes it an attractive investment with excellent long-term prospects. The asking price is $699,000.

• CAP approach

  CAP return

  Valuation

  6%

  $336,758

  6.5%

  $310,853

  7%

  $288,650

• Comparable approach

  Method

  Valuation

  Relative Method

  $234,998

  Geo Method

  $234,998

• Alternative Use

  Use

  Valuation

  Residential

  $385,458

  Hospitality

  $353,078

  Educational

  $293,756

  Medical

  $303,859

  Retail

  $456,955

Location Insight

City

Franklin

County

Johnson

State

Indiana

Latitude

39.4811

Longitude

-86.015

CBSA code

26900

CBSA name

INDIANAPOLIS-CARMEL-ANDERSON, IN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].