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.

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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

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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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