7245 U.S. 31 South - Castle Commons
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7245 U.S. 31 South - Castle Commons
19.7 Acres of Commercial Land Offered at $8,504,820 CAD in Edinburgh, IN 46124
Investment Highlights
- IMMEDIATELY ADJACENT TO PENDING 287-ACRE DR HORTON RESIDENTIAL DEVELOPMENT (800-900 new homes)
- High Visibility, with over 13,000 VPD currently - increasing with new development
Executive Summary
A fantastic development opportunity is now available in Edinburgh, Indiana. ± 19.7 Acres of newly rezoned (PUD) Commercial Property is awaiting your future vision and expertise.
Location, Location, Location: This is a Premier Strategic Location with a Pending DR Horton, ± 850-Home Development.
DR Horton, (the nation’s largest homebuilder by volume), is building a sprawling 287-acre residential development, scheduled to begin in 2025 and constructed in phases over the next several years. This commercial property is immediately adjacent along the US 31 corridor with a new signalized intersection.
These new homes will nearly double Edinburgh’s population, and facilitate a significant boost in average home values. With the influx of new businesses moving to the immediate area, there will also be a commensurate increase in average household income levels, thereby creating a rapid increase in demand for additional, higher-end, goods and services.
Edinburgh Growth and Development Initiatives: Through Edinburgh's tactical development initiatives and strategic business partnerships, the town has totally revitalized its downtown business district and has attracted a diverse range of industrial and commercial businesses immediately to the south of the downtown business district, thereby significantly expanding its industrial and employment base.
This new residential and commercial development is being initiated to provide the additional housing and services required by the growth in employment, as well as suburban housing options for several surrounding communities.
Camp Atterbury Military Complex - Client Base: Camp Atterbury, a vast thirty-six-thousand-acre military complex, lies just 5 minutes to the southwest, offering another excellent opportunity to cater to the diverse needs of both military and civilian personnel, providing a ready-made customer base for your new commercial ventures.
Readily Accessible: This commercial property is strategically situated 1 minute north of the junction of SR 256 and US 31. It is just 5 minutes to downtown Edinburgh, 7 minutes to either of the I-65 interchanges with SR 252 to the east or US 31 to the south, 7 minutes to the Indiana Premium Outlet Mall, 10 minutes north to Franklin, IN, and 12 minutes south to Columbus, IN.
Location, Location, Location: This is a Premier Strategic Location with a Pending DR Horton, ± 850-Home Development.
DR Horton, (the nation’s largest homebuilder by volume), is building a sprawling 287-acre residential development, scheduled to begin in 2025 and constructed in phases over the next several years. This commercial property is immediately adjacent along the US 31 corridor with a new signalized intersection.
These new homes will nearly double Edinburgh’s population, and facilitate a significant boost in average home values. With the influx of new businesses moving to the immediate area, there will also be a commensurate increase in average household income levels, thereby creating a rapid increase in demand for additional, higher-end, goods and services.
Edinburgh Growth and Development Initiatives: Through Edinburgh's tactical development initiatives and strategic business partnerships, the town has totally revitalized its downtown business district and has attracted a diverse range of industrial and commercial businesses immediately to the south of the downtown business district, thereby significantly expanding its industrial and employment base.
This new residential and commercial development is being initiated to provide the additional housing and services required by the growth in employment, as well as suburban housing options for several surrounding communities.
Camp Atterbury Military Complex - Client Base: Camp Atterbury, a vast thirty-six-thousand-acre military complex, lies just 5 minutes to the southwest, offering another excellent opportunity to cater to the diverse needs of both military and civilian personnel, providing a ready-made customer base for your new commercial ventures.
Readily Accessible: This commercial property is strategically situated 1 minute north of the junction of SR 256 and US 31. It is just 5 minutes to downtown Edinburgh, 7 minutes to either of the I-65 interchanges with SR 252 to the east or US 31 to the south, 7 minutes to the Indiana Premium Outlet Mall, 10 minutes north to Franklin, IN, and 12 minutes south to Columbus, IN.
Property Facts
| Price | $8,504,820 CAD | Property Type | Land |
| Sale Type | Investment | Property Subtype | Commercial |
| No. Lots | 1 | Total Lot Size | 220.39 AC |
| Price | $8,504,820 CAD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 220.39 AC |
1 Lot Available
Lot
| Price | $8,504,820 CAD | Lot Size | 19.70 AC |
| Price Per AC | $431,717 CAD |
| Price | $8,504,820 CAD |
| Price Per AC | $431,717 CAD |
| Lot Size | 19.70 AC |
EXCEPTIONAL OPPORTUNITY for new commercial land development. +/- 19.7 Acres (Appx. 400 x 2,270 Ft). Along US 31 Corridor IMMEDIATELY ADJACENT TO PENDING 287-ACRE DR HORTON RESIDENTIAL DEVELOPMENT (800-900 new homes)
PROPERTY TAXES
| Parcel Number | 41-12-28-012-003.001-001 | Improvements Assessment | $0 CAD |
| Land Assessment | $41,222 CAD | Total Assessment | $41,222 CAD |
PROPERTY TAXES
Parcel Number
41-12-28-012-003.001-001
Land Assessment
$41,222 CAD
Improvements Assessment
$0 CAD
Total Assessment
$41,222 CAD
zoning
| Zoning Code | PUD/Roadside Business (Retail, Wholesale, Restaurant, Service, Supermarket, Entertainment, Hotel, Office, Car Wash, & much more.) |
| PUD/Roadside Business (Retail, Wholesale, Restaurant, Service, Supermarket, Entertainment, Hotel, Office, Car Wash, & much more.) |
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7245 U.S. 31 South - Castle Commons
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