3750 S Meridian St, Indianapolis, IN

Listing agent S. Britt Gillespie

Listing office Greysteel | Greenville Show Phone

Listing date Jan 30, 2025

Source Moodyscre

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Overview

This land offers a convenient location with access to Downtown Indianapolis in less than 15 minutes, approximately 5 miles directly north, and Interstate 465 in just over one mile via S. East Street. Grocery stores, pharmacies, and other retailers are also located along the S. East Street corridor. The site is surrounded by substantial employment opportunities, while retaining a quiet residential feeling. The property is located within Meridian Heights, in both an Opportunity Zone (18097380200) and a Qualified Census Tract (3802). The Opportunity Zone provides potential long-term tax benefits for a developer through long-term capital gains forgiveness in the value of the site development. A Qualified Census Tract provides additional Low-Income Housing Tax Credit options or benefits during development.

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

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

Location Insight

• Map
• Local Demand

City

Indianapolis

County

Hamilton

State

Indiana

Longitude

-86.1573

Latitude

39.8239

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FAQs

What type of property is this?

Land - Land with convenient location and development opportunities.

Where is this land located?

The property is located at 3750 S Meridian St Indianapolis, IN.

What are key features of this property?

This property features: Convenient location: **15‑minute access to Downtown Indianapolis and quick access to I‑465.**; Located within an Opportunity Zone, offering potential long‑term tax benefits for developers.; Situated in a Qualified Census Tract, providing potential Low Income Housing Tax Credit benefits.