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    2801 S Marsh Ave Yorktown, IN 47396

    For Sale
    $1,600,000

    Prime land in Yorktown, Indiana, ready for multifamily development.

    Lot size:
    27.02 Acres

    Property Features for 2801 S Marsh Ave

    General Information

    Lot size
    27.02 Acres

    Source: Xplor Commercial Real Estate Agent James Jamicich

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

    Overview

    Yorktown Land Ready For Development

    Located on W Smith St in Yorktown, Indiana, this property is zoned M2 for Medium Density Multifamily, allowing for the construction of 5 to 16-unit buildings. The site is shovel-ready and includes on-site utilities. The property has the potential to accommodate over 400 multifamily units. It is positioned in a high-demand market for rental housing and may qualify for TIFF Financing, presenting an opportunity for multifamily development.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Land

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Yorktown
    County
    Delaware
    State
    Indiana
    Longitude
    -85.5013438
    Latitude
    40.1669864

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    FAQs

    What type of property is this?
    Land - Prime land in Yorktown, Indiana, ready for multifamily development.
    Where is this land located?
    The property is located at 2801 S Marsh Ave Yorktown, IN.
    What is the asking price?
    The asking price for this property is $1,600,000.
    What are key features of this property?
    This property features: - Zoned M2 for Medium Density Multifamily: Allows for the construction of 5-16 unit buildings.; - Potential for Over 400 Multifamily Units: Indicates a large-scale development opportunity.; - Shovel-Ready Site: Ready for immediate construction, saving time and resources.
    (260) 452-7525
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    Yorktown, IN 47396
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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
    2801 S Marsh Ave Yorktown, IN 47396
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