23.14 Acres Development Land in Westfield, Indiana
Land | 23.14
Marketing description
Approximately 23 acres on the east side of US 31 and south of 169th Street, adjoining a car dealership to the west, multi-family to the east. Approximately 950’ of US 31 frontage and approximately 600’ frontage on 169th Street. Zoned General Business- PD and Mixed Use. Annual Average Daily Traffic (AADT) is 61,737 vehicles. New Westfield Boulevard Connector for direct access from State Road 32 to the property at 169th Street/David Brown Drive. Utilities available to site. $165,000/acre.
Property located in high growth area, approximately one mile from Grand Park, Grand Junction Plaza, big box retailers: New Meijer, Market District, Walmart, Target, Kohls, Hobby Lobby, Kroger and numerous restaurants/retail businesses. Over 81,000 homes within 5 miles, with an average HH annual income of over $102,954
Investment highlights
- Zoned General Business PD and Mixed Use
- Prime location in Westfield
- Ideal for office development
- Easy access to major highways
- High visibility for businesses
- Proximity to local amenities
- Flexible land use possibilities
- Potential for high investment return
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