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    421 Bridgeport Rd S Indianapolis, IN 46231

    For Sale
    $330,000

    Unimproved Land - Indianapolis, IN

    Type:Unimproved Land
    Lot size:
    3.38 Acres
    Days on Market:
    52
    Last Refresh:
    Dec 14 at 6:06 am

    Property Features for 421 Bridgeport Rd S

    General Information

    Property type
    Land
    Property subtype
    Unimproved Land
    Standard status
    Active
    Zoning
    13
    APN
    491209131002000900
    Lot size
    3.38 Acres

    Building Details

    Architectural style
    Other

    eXp Realty (812) 734-6048 [email protected]

    Listing agent Rafael Ayala (888) 611-3912 License #RB19001983

    Listing date Oct 24, 2025

    MLS# 22048845 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

    Versatile Commercial Land in Indianapolis

    This approximately 3.38-acre lot, totaling 147,232.8 square feet, is located in a rapidly developing area with strong growth potential. Zoned C1 (Commercial), the lot permits various uses including retail, office space, service-based businesses, and more. It is suitable for entrepreneurs, investors, or developers seeking space in a strategic and high-visibility location. An ALTA/NSPS survey is already on file and will be honored by the seller. Buyers are encouraged to verify zoning regulations, allowable uses, and utility availability with the local planning department to confirm compatibility with their intended plans. The property offers a wide range of possibilities, whether for a commercial project, establishing a business location, or investing for future value. It is located in Indianapolis, IN.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Indianapolis
    County
    Hamilton
    State
    Indiana
    Longitude
    -86.316593
    Latitude
    39.757669

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    FAQs

    What type of property is this?
    Commercial land - 3.38-acre commercial lot in a rapidly developing area.
    Where is this commercial land located?
    The property is located at 421 Bridgeport Rd S Indianapolis, IN.
    What is the asking price?
    The asking price for this property is $330,000.
    What are key features of this property?
    This property features: - Large 3.38-acre commercial lot.; - Zoned C1 allowing for diverse business uses.; - Located in a rapidly developing area with strong growth potential.
    (888) 611-3912
    Request Owner's contact information
    421 Bridgeport Rd S Indianapolis, IN 46231
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    Indianapolis, IN 46231
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    421 Bridgeport Rd S Indianapolis, IN 46231
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