I-465 & S.R. 37 Outlot

Vacant Land for Sale
Catylist Listing ID: 1765634
Property Subtypes: Retail, Retail-Pad, Other
Gross Land Area: 0.55 Acres
Sale Price: $425,000
Unit Price: $772,727 Per Acre
Adjacent Parcels Available: Yes
Sale Terms: Other
Cap Rate: Undisclosed
Last Updated: 4/29/2021

Overview / Comments

.55 acre QSR or retail site with ADDITIONAL OFF-SITE PARKING INCLUDED at the I-465 & SR 37 interchange on Indianapolis' southwest side. Trade area is heavily traveled (+/-70,000 cars per day) and is a primary commuter thoroughfare for the southwest quadrant of the city.

QSR sales volumes on the east side of SR 37 have historically been significantly higher than each brand's respective DMA averages. Site has curbing, pavement, and storm drain in place. Oversize "highway" pylon signage available per Indianapolis DMD.

Additional Details

Nearest MSA: Indianapolis-Carmel-Anderson
County: Marion
Tax ID/APN: 5033858
Zoning: C4

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 12,605 68,350 222,737
Median Age: 32.23 34.58 35.05
Households: 4,724 26,766 86,219
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