Southport Landings Retail or Apartment Ground For Sale - 15+ acres

2200 W Southport Rd, Indianapolis, Indiana 46217

  • Property Subtypes Mid-Rise
  • Building Size (RSF) 435,600 SF
  • Building Status Proposed
  • Sale Price $1,937,500.00 Total
  • Unit Price $4.45 per SF
  • Property Use Type Investment
  • Class of Space N/A
  • Total Land Size 15.5 SF
  • Sale Terms Cash to Seller
  • Cap Rate Undisclosed
  • Last Updated 11/30/2018
  • Status outdated

Overview / Comments

15.5 Acres of current C-4 zoned land perfect for Multi-Family development (approved 176 units). Land is integrated with Southport Landings shopping Center, which includes many retail buildings and shops. New Rainbow Child Daycare is open to the east. New building including Verizon and Marco's Pizza opened 2011 w/in the development, which also includes Teddy's Burgers, Steak N Shake, Piper's catering and much more. Ground could be used for medical, office, multi-family and more. N/S ADT 48,000 on SR 37 and E/W ADT 14,000 on Southport Road. Call today to discuss: (317)625-7777, Keith Kleinmaier, Retail Realty, Inc.

Agent Notes

Keith Kleinmaier, Retail Realty, Inc. (317) 625-7777

Additional Details

  • Tax ID/APN 5000202

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