2820 Kentucky Avenue
Vacant Land
for Sale
| Catylist Listing ID: |
30681921 |
| Property Subtypes: |
Retail, Retail-Pad
|
| Gross Land Area: |
1.84 Acres
|
| Sale Price: |
$375,000 |
| Unit Price: |
$203,804 Per Acre |
| In Opportunity Zone? |
Yes |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
1/17/2023 |
Overview / Comments
|
Prime redevelopment opportunity on 1.84 acres on Kentucky Avenue in Indianapolis, Indiana. The property has excellent visibility, easy access, good demographics and solid traffic counts. The property is pad-ready and is an ideal location for retail or convenience store.
|
Additional Details
| Nearest MSA: |
Indianapolis-Carmel-Anderson |
| County: |
Marion |
| Taxing Authority: |
Marion County |
| Tax ID/APN: |
49-11-20-106-003.000-970, 49-11-20-106-004.000-970, 49-11-20-106-001.000-970 |
| Zoning: |
C-4 |
| Property Located Between: |
Downtown Indianapolis and I-465 |
| Property Visibility: |
Excellent |
| Largest Nearby Street: |
Tibbs Avenue |
| Traffic/Vehicle Count: |
18 |
| Highway Access: |
I-465 and I-70 |
| Airports: |
Indianapolis International |
| Site Description: |
Prime redevelopment opportunity on 1.84 acres on Kentucky Avenue in Indianapolis, Indiana. The property has excellent visibility, easy access, good demographics and solid traffic counts. The property is pad-ready and is an ideal location for retail or convenience store. |
| Area Description: |
Kentucky Avenue is a major east to west corridor linking downtown Indianapolis with Indianapolis International Airport, Federal Express, Rolls Royce and the industrial parks located on the west side of Indianapolis and in Plainfield adjacent to the Indianapolis International Airport. |
| Zoning Description: |
Permitted uses include heavy/light retail, grocery, liquor store, fuel station and car wash. |
| Topography: |
Level |
| Soil Type: |
N/A |
| Available Utilities: |
Electric, Water, Gas, Sewer, Cable |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
6,160 |
46,269 |
228,513 |
| Median Age: |
37.62 |
34.28 |
33.54 |
| Households: |
2,292 |
17,676 |
89,651 |
|
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The information presented herein is provided as is, without warranty of any kind.
Neither Indiana Commercial Board of REALTORS® nor
Catylist Real Estate Software, Inc. assume any liability for errors or omissions.
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