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

710 N Sherman Dr Indianapolis, IN 46201

Loading data...
Loading data...
Loading data...
For Sale
Contact for pricing

7.44-acre vacant land parcel in Indianapolis for sale.

Building Details

Year built
1946

Source: Nathan Smith Agent Nathan Smith

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


Overview

Sherman Park Redevelopment Opportunity

A 7.44-acre portion of Sherman Park in Indianapolis is available for sale. This vacant land presents an infill redevelopment opportunity. The property can be developed independently, in sections, or as an assemblage following remediation. It is suited for an entrepreneurial buyer, investor, developer, speculator, or owner-occupier. The C-S zoning designation offers flexibility, permitting a wide range of land use choices and the potential to stimulate economic growth on the Near Eastside. The property is a brownfield site with ongoing remediation and potential incentives. It is zoned C-S, Special Commercial District. The location provides access to the I-65 and I-70 North Split, a heavily traveled interchange in central Indiana serving 220,000 motorists daily. The property is subject to use restrictions and institutional controls by environmental restrictive covenants recorded in 2012 and 2014. According to public information, the site is ready for industrial development once remediation achieves industrial cleanup levels. The western portion of the site is not suitable for residential or green space/park reuse without significant remediation, while the eastern portion could be suitable for other reuses besides industrial.
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
-86.10241
Latitude
39.757835

FAQs

What type of property is this?
Land - 7.44-acre vacant land parcel in Indianapolis for sale.
Where is this land located?
The property is located at 710 N Sherman Dr Indianapolis, IN.
What are key features of this property?
This property features: - 7.44-acre vacant land parcel in Indianapolis; - C-S zoning allows for the broadest range of land use choices; - Infill redevelopment opportunity with potential for economic growth
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