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2902 N Capitol Ave Indianapolis, IN 46208

For Sale
$499,900

Unimproved Land - Indianapolis, IN

Type:Unimproved Land
Lot size:
0.41 Acres
Days on Market:
105
Last Refresh:
Dec 11 at 5:06 pm

Property Features for 2902 N Capitol Ave

General Information

Property type
Land
Property subtype
Unimproved Land
Standard status
Active
Zoning
D8
APN
490626190076000101
Lot size
0.41 Acres

Building Details

Architectural style
Other

NO LIMIT Real Estate, LLC (317) 440-2149 [email protected]

Listing agent Charlene Gaard (317) 440-2149 License #RB14033327

Listing date Aug 29, 2025

MLS# 21979922 Listing URL

Copyright © 2025 MIBOR Service Corporation. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Overview

Development Ready Land in Indianapolis

This 18,000 sq ft lot, zoned D8, presents a development opportunity for multifamily residential projects. Approved plans are available for a 9-unit luxury condo building, featuring eight 2-bedroom, 2-bath units and a penthouse with 3 bedrooms and 3 baths. The property is suited for developers looking to capitalize on a location with access to local amenities, public transit, and urban areas. The lot's zoning offers flexibility for residential developments. Detailed construction cost estimates are available.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Residential land & home ...

Suggested Use

Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Indianapolis
County
Hamilton
State
Indiana
Longitude
-86.161816
Latitude
39.808561

FAQs

What type of property is this?
Land - 18,000 sq ft lot with approved plans for 9-unit condo.
Where is this land located?
The property is located at 2902 N Capitol Ave Indianapolis, IN.
What is the asking price?
The asking price for this property is $499,900.
What are key features of this property?
This property features: - Approved plans for a 9-unit luxury condo building (eight 2-bed/2-bath units and one 3-bed/3-bath penthouse).; - Expansive 18,000 sq ft lot zoned D8 for multifamily residential development.; - Investment-ready property in a highly sought-after location.
More about this property
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