Building Details

Year Built 1947

Listing Agency: Lee & Associates - Indianapolis s***@lee-associates.com Show Phone

Listed By: Spero Pulos · License #IN INST200755

Source: Crexi

Added: Sep 20, 2021 Changed: Jul 6 Last Checked: Jul 30 at 3:14PM

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Investment Insights

Based on property information with market context.

This commercial land is located directly adjacent to the 16 Tech district in Indianapolis. The property is zoned C3, allowing for various potential uses, particularly redevelopment. A neighboring property has been transformed into office space, illustrating the potential of this location. The property has a size of 15900 square feet.

Key Highlights

• Directly adjacent to the new 16 Tech district
• C3 zoning allows for many potential uses
• Perfect for redevelopment

Property Analytics

Property Profile

Current Use

Granite Depot of Indianapolis Kitchen & Bath Showroom

Suggested Use

Top Pick Real Estate Agency Law Firm Hair Salon Nail Salon Spa & Massage Center Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

492

Businesses Nearby

Explore this area Business Placement

Demographics for 46202, IN

22,217

Population

12,297

Households

1.8

Avg Household Size

29

Median Age

62%

College-Educated

91%

High-School Grad

5.5 sq mi

ZIP Area

4,039

Density / Sq Mi

$61,082

Median Household Income

$40,499

Median Earnings

$1,258

Median Rent

$420,200

Median Home Value

Questions? Ask Rey

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What type of property is this? Where is this commercial land located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Commercial land - Commercial land for redevelopment near Indianapolis' 16 Tech district.

Where is this commercial land located?

The property is located at 1175 W 16th St Indianapolis, IN.

What is the asking price?

The asking price for this property is $1,895,000.

What are key features of this property?

This property features: Directly adjacent to the new 16 Tech district; C3 zoning allows for many potential uses; Perfect for redevelopment