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    8809 S Meridian St Indianapolis, IN 46217

    For Sale
    $260,000

    Unimproved Land - Indianapolis, IN

    Type:Unimproved Land
    Lot size:
    0.94 Acres
    Days on Market:
    53
    Last Refresh:
    Dec 8 at 10:06 am

    Property Features for 8809 S Meridian St

    General Information

    Property type
    Land
    Property subtype
    Unimproved Land
    Standard status
    Active
    Zoning
    Commercial
    APN
    491424120007000500
    Lot size
    0.94 Acres

    Building Details

    Architectural style
    Other

    Keller Williams Indianapolis Metro North (317) 846-6300 [email protected]

    Listing agent Josie Lavey (317) 846-6300 License #RB20001480

    Listing date Oct 17, 2025

    MLS# 22008073 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

    Prime Commercial Land Opportunity

    This 0.94-acre commercial land is located at 8809 S Meridian St in Indianapolis, Indiana. The property has an existing house that could be used as office spaces, retail outlets, or other commercial purposes, providing immediate occupancy options. Alternatively, the existing house could be razed to make way for new development, allowing for the construction of custom-designed office buildings, retail centers, or mixed-use developments. The location on S Meridian St provides high visibility and easy access to major transportation routes. Essential utilities such as water, electricity, gas, and sewer connections are readily available. This parcel is suited for office complexes, retail centers, mixed-use developments, medical facilities and professional services.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Indianapolis
    County
    Hamilton
    State
    Indiana
    Longitude
    -86.158002
    Latitude
    39.63813

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    FAQs

    What type of property is this?
    Commercial land - 0.94-acre commercial land with redevelopment potential in Indianapolis, Indiana.
    Where is this commercial land located?
    The property is located at 8809 S Meridian St Indianapolis, IN.
    What is the asking price?
    The asking price for this property is $260,000.
    What are key features of this property?
    This property features: - Prime location on S Meridian St with high visibility and easy access to major transportation routes.; - Versatile existing structure suitable for immediate occupancy as office spaces or retail outlets.; - Significant redevelopment potential for custom-designed commercial buildings.
    (317) 846-6300
    Request Owner's contact information
    8809 S Meridian St Indianapolis, IN 46217
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    Indianapolis, IN 46217
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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
    8809 S Meridian St Indianapolis, IN 46217
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