For Sale
  • For Sale
  • For Lease
  • Recently Sold
  • Property Lookup
  • Brokers
Back to Search

7536 South Emerson Ave Indianapolis, IN 46237

For Sale
$2,000,000

5.69 acres approved for 135 age-restricted multifamily units.

Source: Nathan Schlabach Agent Nathan Schlabach

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Multifamily Development Land Available

This property features approximately 5.69 acres of land, zoned and entitled for an age-restricted multifamily development. Approved for 135 units for residents 55 and over, the site also has approved construction documents. The location offers proximity to major retail anchors, including Target, Meijer, ALDI, Kroger, and Walmart. Additional retail options are available at Southport Commons and Greenwood Park Mall. Healthcare services are conveniently accessible from Franciscan Health Indianapolis and Ascension St. Vincent South. The site benefits from traffic volume exceeding 18,000 vehicles per day. Southport Commons Shopping and Fransiscan St Francis Health are located 0.5 miles away.
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 Auto Repair Shop Hair Salon 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
-86.082442
Latitude
39.657055

FAQs

What type of property is this?
Residential land & home lot - 5.69 acres approved for 135 age-restricted multifamily units.
Where is this residential land & home lot located?
The property is located at 7536 South Emerson Ave Indianapolis, IN.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: - +/- 5.69 acres of development ground; - Approved for 135 age-restricted (55+) multifamily units; - Zoned and entitled for age-restricted multifamily development
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message