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1774 W Tournament Trl - Gristmill Crossing (Lot 8B)

6.15 Acres of Industrial Land in Westfield, IN 46074

Investment Highlights

  • Excellent location offering access to State Highway 32 and US 31 Expressway.
  • Off Site Detention - No underground or onsite detention required.
  • Screened outdoor storage permitted
  • Last remaining flex lot available in Gristmill Crossing.

Executive Summary

A RARE shovel-ready lot in Westfield that is zoned light industrial lot with outdoor screen storage permitted. Adjacent off-site detention available, and utilities along Tournament Trail.

Property Facts

Sale Type Owner User Property Type Land
Sale Conditions
1031 Exchange
  • Design & Build
  • Portfolio Sale
 Property Subtype Industrial
No. Lots 1 Total Lot Size 6.15 AC
Sale Type Owner User
Sale Conditions
1031 Exchange
  • Design & Build
  • Portfolio Sale
No. Lots 1
Property Type Land
Property Subtype Industrial
Total Lot Size 6.15 AC

1 Lot Available

Lot

Lot Size 6.15 AC
Lot Size 6.15 AC

Last remaining flex lot available in Gristmill Crossing! A RARE shovel-ready lot in Westfield that is zoned light industrial lot with outdoor screen storage permitted. Adjacent off-site detention available, and utilities along Tournament Trail.

Description

6.15 acres of prime commercial land, located in the heart of a rapidly growing area in Westfield. This is the last industrial flex lot available within a new 74-acre commercial development. The property benefits from excellent road infrastructure, with State Highway 32 serving as a major east-west, four-lane highway, offering easy access to the US 31 expressway. Ditch Road, a key north-south arterial, is undergoing ongoing improvements, further enhancing connectivity. The site is strategically positioned at a high-profile, signalized intersection of State Highway 32 and Ditch Road, ensuring excellent vehicular and pedestrian accessibility. Full access is also available at Gristmill Road and State Highway 32. The lot is zoned for enclosed industrial use with the option for screened outdoor storage. Utilities are already installed along Tournament Trail, making this property development-ready and ideal for various commercial uses.

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DEMOGRAPHICS

Regional Accessibility

50 Miles 50 Mi. 100 Miles 100 Mi. 500 Miles 500 Mi.
CITY
POPULATION
MILES
DRIVE TIME
Indianapolis
867,125
18
0 h 33 m
Chicago
2,705,994
174
3 h 29 m
Columbus
892,533
192
3 h 44 m
Detroit
672,662
275
5 h 27 m
Charlotte
872,498
583
11 h 13 m
Washington
702,455
584
11 h 16 m
ACCESS AND LABOR FORCE
10 MILES
Total Population
273,350
Total Labor Force
167,526
Unemployment Rate
2.43%
Median Household Income
$98,517
Warehouse Employees
24,424
High School Education Or Higher
97.00%
$ values in USD

PROPERTY TAXES

Parcel Number 29-05-33-000-012.001-015 Improvements Assessment £0 (2023)
Land Assessment £10,809 (2023) Total Assessment £10,809 (2023)

PROPERTY TAXES

Parcel Number
29-05-33-000-012.001-015
Land Assessment
£10,809 (2023)
Improvements Assessment
£0 (2023)
Total Assessment
£10,809 (2023)

zoning

Zoning Code PUD-EI (Planned Unit Development with underlying Enclosed Industrial zoning that permits screened outdoor storage.)
PUD-EI (Planned Unit Development with underlying Enclosed Industrial zoning that permits screened outdoor storage.)
(463) 218-9854

  • Listing ID: 30541357

  • Date on Market: 05/01/2024

  • Last Updated:

  • Address: 1774 W Tournament Trl, Westfield, IN 46074

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1774 W Tournament Trl, Westfield, IN for sale Building Photo- Image 1 of 6
Overview
1774 W Tournament Trl, Westfield, IN for sale Plat Map- Image 2 of 6
Plat Exhibit
1774 W Tournament Trl, Westfield, IN for sale Site Plan- Image 3 of 6
Development Plan
1774 W Tournament Trl, Westfield, IN for sale Other- Image 4 of 6
Development Activity
1774 W Tournament Trl, Westfield, IN for sale Building Photo- Image 5 of 6
Building Photo

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© 2024 CoStar Group

1774 W Tournament Trl - Gristmill Crossing (Lot 8B)
(463) 218-9854 x

1774 W Tournament Trl - Gristmill Crossing (Lot 8B)

Travis May

(463) 218-9854

(463) 218-9854

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