Commercial Development Land Zoned
For Sale
$1,200,000
3815 N Shadeland Avenue, Indianapolis, IN 46226
SINGLE_FAMILY - Indianapolis, IN
Property SizeContact for details
Lot Size2.41 Acres
Days on Market606
Property Features for 3815 N Shadeland Avenue
General Information
Property type
Residential
Property subtype
Retail
Zoning
C-4
Elementary school district
Indianapolis Public Schools
Middle school district
Indianapolis Public Schools
High school district
Indianapolis Public Schools
Directions
GPS Friendly
Subdivision
4904 - Marion - Lawrence
Standard status
Active
APN
490713112023000401
Lot size
2.41 Acres
Taxes and HOA fees
Tax Year
2023
Tax Description
Shadeland Park Annex L122-L126 & 1/2 Vacated Alley E & Adj
Legal Description
Shadeland Park Annex L122-L126 & 1/2 Vacated Alley E & Adj
Utilities
Utilities
Natural Gas Available
Building Details
Year built
1950
Listing Agency:
Carpenter, REALTORS(R)
(317) 240-6420
Listed By:
Felman Brown
(800) 630-1727
Added: Dec 11, 2024
Changed: Aug 1
Last Checked: Aug 9 at 5:06AM
MLS# 22014864
Copyright © 2026 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.
Investment Insights
Based on property information with market context.
Commercial development land zoned C-4 offering 2.41 acres at 3815 N Shadeland Avenue, Indianapolis, IN 46226. The property includes a vacant house on-site and has natural gas available.
The site is described as being at one of the busiest intersections in Indianapolis, with heavy traffic counts of 36,497 on Shadeland Ave and 23,769 on E. 38th. The C-4 zoning is noted with optimum possibilities of multiple uses, including retail and service concepts such as a drug store, convenience store, car wash, and fast food.
This property is best suited for buyers looking for a development parcel in a C-4 district with strong vehicular exposure along Shadeland Avenue and E. 38th.
The site is described as being at one of the busiest intersections in Indianapolis, with heavy traffic counts of 36,497 on Shadeland Ave and 23,769 on E. 38th. The C-4 zoning is noted with optimum possibilities of multiple uses, including retail and service concepts such as a drug store, convenience store, car wash, and fast food.
This property is best suited for buyers looking for a development parcel in a C-4 district with strong vehicular exposure along Shadeland Avenue and E. 38th.
Key Highlights
- 2.41‑acre commercial development land with a vacant house on the property
- Zoned C‑4 in Indianapolis, IN 46226
- Natural gas available for on‑site development
Property Analytics
Property Profile
Current Use
Lease Details
36,497 VPD
Traffic count
Location Intelligence
Trade Area within ½ mile
460
Businesses Nearby
Explore this area
Business Placement
Demographics for 46226, IN
43,997
Population
21,380
Households
2.1
Avg Household Size
35
Median Age
24%
College-Educated
81%
High-School Grad
14.8 sq mi
ZIP Area
2,973
Density / Sq Mi
$47,086
Median Household Income
$34,225
Median Earnings
$1,045
Median Rent
$148,900
Median Home Value
Market
Vacancy Rate% for Retail in Indianapolis, IN
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Commercial land - Zoned C-4 and served by natural gas, this site is positioned for retail and service development.
Where is this commercial land located?
The property is located at 3815 N Shadeland Avenue Indianapolis, IN.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: 2.41‑acre commercial development land with a vacant house on the property; Zoned C‑4 in Indianapolis, IN 46226; Natural gas available for on‑site development
