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State Road 32 - Springmill Trails
19.35 Acres of Commercial Land Offered at $6,930,000 in Westfield, IN 46074
Executive Summary
Property Facts
| Price | $6,930,000 | Property Subtype | Commercial |
| Sale Type | Investment or Owner User | Proposed Use | Commercial |
| Sale Conditions | Total Lot Size | 19.35 AC | |
| No. Lots | 1 | Cross Streets | Ditch Road |
| Property Type | Land |
| Price | $6,930,000 |
| Sale Type | Investment or Owner User |
| Sale Conditions | |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 19.35 AC |
| Cross Streets | Ditch Road |
1 Lot Available
Lot
| Price | $6,930,000 | Lot Size | 19.35 AC |
| Price Per AC | $358,140 |
| Price | $6,930,000 |
| Price Per AC | $358,140 |
| Lot Size | 19.35 AC |
Description
Prime Commercial Node: 19-acre commercial property located in heart of high-growth residential area in Westfield; outparcels and second tier lots contemplated. Excellent Road Infrastructure: State Highway 32 is a major east-west 4 lane highway; easy access to US 31 expressway; Ditch Road is a north-south arterial with on-going improvements. Convenient Connectivity: High-profile signaled intersection of State Highway 32 and Ditch Road; high vehicular and pedestrian accessibility. Zoning and Utilities: Already approved and utilities at property’s boundaries. High-Growth Area: 1,382 new single family home starts in 2021; 3,868 new single family home starts over last 4 years. Excellent Demographics: High average and median incomes and above average education attainment. Amenities: Top-rated public schools; close proximity to the Grand Park Sports Campus, Chatham Hills Pete Dye Golf Course, and Grand Junction Plaza; growing foodie presence in the community.
zoning
| Zoning Code | PUD District (Springmill Trails PUD District - Market Center District (Business)) |
| PUD District (Springmill Trails PUD District - Market Center District (Business)) |
Presented by
State Road 32 - Springmill Trails
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