100 Morton StFranklin, IN 46131

  • Commercial land
  • 0.97 AC
For Lease

Property Details for 100 Morton St

Lot size
0.97 AC
Property type
Commercial land
APN
41-08-14-033-075.000-009
APU
410814033075000009

Description

This exceptional Franklin, Indiana property at 100 S Morton St offers a unique investment opportunity combining retail space and land lease options. The 0.97-acre lot presents a prime location along Franklin's main corridor on US 31, boasting high visibility and accessibility. The existing retail building totals 4,370 square feet, with flexible spaces available for lease ranging from a minimum of 1,025 square feet up to a potential 5,040 square feet. This allows for adaptability to various retail concepts and business needs. The property benefits from its strategic placement near a concentration of established national retailers and restaurants, including Kroger Marketplace, Kohl's, Walmart, Marshalls, Meijer, Starbucks, McAlister's Deli, Freddy's Frozen Custard & Steakburgers, Buffalo Wild Wings, PetSmart, and Chili's. This high-traffic area ensures significant foot traffic and brand visibility for prospective tenants. Construction is anticipated to begin in Spring 2025, presenting a timely opportunity for businesses to secure their place in this thriving retail hub. The property's multiple tenancy option allows for diverse business combinations, maximizing rental income potential. Don't miss this chance to be part of Franklin's vibrant commercial landscape.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $5,996,064
    Hospitality
    $5,492,363
    Educational
    $4,569,582
    Medical
    $4,726,736
    Retail
    $7,108,238
100 Morton St, Franklin, Indiana

Location Insight

City
Franklin
County
Johnson
State
Indiana
Latitude
39.479
Longitude
-86.0647
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
$4,681
$153,900
-
$153,900
-
$153,900
-
$153,900

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].