100 Morton StFranklin, IN 46131
- Commercial land
- 0.97 AC
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
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
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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