High Traffic, C4 Lot with Unlimited Potential

Vacant Land for Sale
Catylist Listing ID: 30703949
Property Subtypes: Agricultural, Hospitality, Office, Retail, Retail-Pad, Vacation/Resort, Other
Gross Land Area: 7,797 SF
Sale Price: $120,000
Unit Price: $15.39 PSF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 8/28/2022

Overview / Comments

Retail and consumers abound around this high-traffic parcel just 1 mile +/- south from I-465/Shadeland/56th Street interchange & blocks from Pendleton Pike/Mass Ave. With flexible C4 zoning, there is enormous potential and opportunity to take advantage of this fantastic location. Unimproved site was formerly a car wash and is adjacent to a gas station with retail to the south, an office space to the north, a large apartment complex to the east, and across from a large school and church complex. Located just up the street from several large retail plazas with national tenants and served by multiple commuting and public transportation corridors - the possibilities are endless!

Additional Details

Nearest MSA: Indianapolis-Carmel-Anderson
County: Marion
Tax ID/APN: 4000062
Property Located Between: I-465/Shadeland/56th Street interchange & Pendleton/Mass Ave
Property Visibility: Excellent
Largest Nearby Street: I-465/Shadeland/56th Street interchange & Pendleton/Mass Ave
Feet of Frontage: 60
Highway Access: 1 mile +/- south from I-465/Shadeland/56th Street interchange
Lot Frontage: 60
Lot Depth: 135
Zoning Description: Per the attached zoning table from Indianapolis/Marion County: Animal Care, Boarding, Veterinarian Services, Artisan Food and Beverage, Automobile and Light Vehicle Wash, Automobile, Motorcycle, and Light, Vehicle Service or Repair, Bar or Tavern, Bed and Breakfast, Business, art, or other post-secondary proprietary school, Check Cashing or Validation Service, Club or Lodge, Community Center, Consumer Services or Repair of Consumer Goods, Day Care Center or Nursery School, Department Store, Eating Establishment or Food Preparation, Entertainment & Retail - Adult, Farmers’ Market, Financial and Insurance Services, Firearm Sales, Fireworks Sales - On-going, Garden as a Primary Use, Government, Greenway, Grocery Store, Hair and Body Care Salon or Service, Hospital, Hotel, Motel, or Hostel, Indoor Recreation & Entertainment, Indoor Spectator Venue, Information Technology R&D, Laundromats, Liquor Store, Logistics, Medical or Dental Laboratories, Medical or Dental Offices, Centers, or Clinics, Methadone Clinic or Treatment Facility, Mortuary, Funeral Home, Museum, Library, or Art Gallery, Night Club or Cabaret, Office: Business, Professional or Government, Outdoor Advertising Off-Premise Sign, Parking Garage, Commercial, Parking Lot, Commercial, Pawn Shop, Plasma (Blood) Center, Printing Services, Public Safety Facility or Post Office, Religious Uses, Retail, Heavy General, Retail, Light General, Schools: Elementary, Middle, or High Schools, Substance Abuse Treatment Facility, Vocational, technical or industrial school or training facility, Wireless Communications Facility.
Topography: Level
Available Utilities: Electric, Water, Sewer
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 16,394 93,128 268,297
Median Age: 33.38 34.9 35.96
Households: 6,638 37,028 110,730
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